to get the answer $819.23 from
Question
Time Value of Money Problem
Can you explain the steps need it to get the answer $819.23 from
problem listed below
What is the market value of the following bond?
Coupon 8%
Maturity date 2038
Par Value $1000
Market interest rate 10%
Financial Accounting
Time Value of Money ProblemCan you explain the steps need it