346 viewsOctober 10, 2016 0 Darshita6.14K October 10, 2016 0 Comments the current price of a 10-year, $1,000 par value … Please answer #6 1 Answer ActiveVotedNewestOldest 0 Darshita6.14K Posted October 10, 2016 0 Comments Answer : The annual Coupon payment on the bond is $ 170 Working nites for the above answer is as follow $1,156.60 = PMT(PVIFA14%,10)+ 1000(PVIF14%,10) = PMT((1- 1/1.14,10)/0.14) +1000(0.2697) PMT = $170. Register or Login
