1 what is the difference between amortizing a loan with, Ask an Expert

Finance

1. What is the difference between amortizing a loan with annual payments and paying it off entirely? Also, what are the formula differences between present values (PV) of interest payments and principal repayments?

2. 27 years ago, Mini Max Inc. issued 30 year to maturity zero-coupon bonds with a par value of $1,000. Now the bond has a yield to maturity of 10.75 percent, compounded semi-annually. What is the current price of the bond?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92653575

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