Use Given-Required-Solution in answering problems. Providecash flow diagram. Write answer on the space provided below.Solution shall be uploaded at the end of the quiz.A bond with a face value of P1,500,000 is sold at P1,400,000. Ifthe bond matures in 5 years and pays 15 percent per annum, howmuch should the annual earning interest be? Round off to fourdecimal places in the final answer/s.

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A bond with a face value of P1,500,000 is sold at P1,400,000. If the bond matures in 5 years and pays 15 percent per annum, how much should the annual earning interest be? Round off to four decimal places in the final answer/s.

A bond with a face value of P1,500,000 is sold at P1,400,000. If the bond matures in 5 years and pays 15 percent per annum, how much should the annual earning interest be? Round off to four decimal places in the final answer/s.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Use Given-Required-Solution in answering problems. Provide
cash flow diagram. Write answer on the space provided below.
Solution shall be uploaded at the end of the quiz.
A bond with a face value of P1,500,000 is sold at P1,400,000. If
the bond matures in 5 years and pays 15 percent per annum, how
much should the annual earning interest be? Round off to four
decimal places in the final answer/s.

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