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Essay Available:
Pages:
1 page/≈275 words
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Level:
APA
Subject:
Accounting, Finance, SPSS
Type:
Math Problem
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.68
Topic:

Financial and Institutional market Accounting, Finance Math Problem (Math Problem Sample)

Instructions:

Perform xyz company annuity present and future values

source..
Content:

Financial Institutions and Market Assignment
The present value of an annuity refers to the current value of the future amount of money using a given annuity and a specific amount rate of return (discount rate). 
The coupon rate (c) is termed as the rate of the interest of the bond. The dollar amount of interest C is the product of the face amount of the bond and the coupon rate, thus:
C=cFv
If the purchase of a $ 1,500 face value of a bond, with 12% coupon interest per year, and with a maturity of 10 years, the calculation of the PV with an Irr rate of 10% would be:
1(A). First, we calculate the amount of interest C, using the coupon rate and the face value as follows: C=12/100*$1,500=$180

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