11.07.2015 Views

Bond and Note Valuation and Related Interest Rate Formulas

Bond and Note Valuation and Related Interest Rate Formulas

Bond and Note Valuation and Related Interest Rate Formulas

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>Bond</strong> <strong>Valuation</strong> - Page 16year, which implies that m = 1 <strong>and</strong> that n is equal to the number of remaining years in the life ofthe bond. Equation B6 becomesB7.V1 C11rrn a / p1r © Gary R. Evans, 2008-2013. This material may be used without permission of the author foreducational purposes only. The use of this material for commercial purposes without permissionof the author is prohibited.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!