Sunday, December 13, 2009

Bond Interest Calculator Bond Question, Semiannual Interest?

Bond Question, Semiannual Interest? - bond interest calculator

Suppose that five years ago, Cisco Systems has a loan of 15, which had sold a face value of $ 1,000 and an interest rate of 7 percent. The interest payments made semi-annually.

If the current interest rate rose to 10%, at what price the bonds sold today?

This is what I log on at:

N = 10
I / Y = 10
PMT = 70
FV = 1000

What should I do differently?

I've still got a good answer, please tell me what plug in more, I must put my semi-annual interest payment simulator? How can I do?

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