Bond Formula
Assume interest rates for bonds today is 5% for an AAA rated bond. Calculate the price of the bond you have selected relative to the 5%. Is the bond selling at a premium or a discount? Why? Be sure to show how you arrived at your answer. What other factors may influence the value of a bond?
http://finra-markets.morningstar.com/BondCenter/BondDetail.jsp?ticker=C604189&symbol=MSFT4077804
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