Question

Suppose a State of New York bond will pay $1,000 ten years from now. If the going interest rate on these 10-year bonds is 4.9%, how much is the bond worth today? да я и 619 ооооо е за 4 •

Answer 1

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PV, FV, ANNUITY (Autosaved) - Microsoft Excel (Product Activation Failed) Review View Add-Ins Data - 2x Σ AutoSum : A A = = = V Wrap Text Merge & Center - ge & Center - Fill General $ $ -% , % , Number :.: Conditional Format sell Insert Delete Format 2 Clear Fort & Finde Sort & Find & Alignment Styles Cells Editing File Home Insert Page Layout Formulas % Cut Calibri 11 A Ea Copy Paste BI U Format Painter D- DA Clipboard Font KC100 foc KA KB 82 83 84 85 KD KE KF KG KH KI K KK KLKM PRESENT VALUE = FUTURE VALUE/(1+r)^n 86 FV YEARS RATE 1000 FV 10 n 4.90% r 87 88 89 90 PRESENT VALUE = PRESENT VALUE = ANS : b: PRESENT VALUE = FV/(1+r)^n 1000/(1+0.049)^10 619.79 91 9 93 FV 94 YEARS 1000 FV 8 n 6.20% r 95 RATE 96 97 98 99 100 101 102 PRESENT VALUE = PRESENT VALUE = ANS :e: PRESENT VALUE = FV/(1+r)^n 1000/(1+0.062)18 618.02 N C profit margin loan with points LOCK BOX DILUTION DOLLAR COST AVG EXPONPER APR CPI ear FVA pva 52 53 STATE 56 57 AP STRU VALUE ferences Rea 0 + 58 59 54 Si B0 120% * 10 EJENO 9 ENG 20-11-2019

PV, FV, ANNUITY (Autosaved) - Microsoft Excel (Product Activation Failed) Review View Add-Ins Data - 2x A = = = V General Wrap Text Merge & Center - $ % , :.: File Home Insert Page Layout Formulas % Cut Calibri 11 A Ea Copy Paste Format Painter BI U D- DA Clipboard Font KC118 for I KA KB Σ AutoSum : A Fill Sort & 2 Clear Filter Editing Formatting as Table Styles Styles Find & Select Alignment Number Cells KC KD KE KF KG KH KIKI KKKL KM 100 FV YEARS RATE 5000 FV 25 n 5.50% r PRESENT VALUE = PRESENT VALUE = ANS :d : PRESENT VALUE = FV/(1+r)^n 5000/(1+0.055)^25 1311.17 FV 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 RE Rea YEARS RATE 1700 FV 5 n 4.25% r PRESENT VALUE = PRESENT VALUE = ANS : a: PRESENT VALUE = FV/(1+r)^n 1700/(1+0.0425)^5 1380.60 profit margin loan with points LOCK BOX DILUTION DOLLAR COST AVG EXPONPER APR CPI ear FVA pva s2 53 STATE C AP STRU VALUE ferences 56 57 58 59 54 SI BOJ 120% 0 | + ELEB * 10 ENG 20-11-2019