Problemthe berkshire hathaway group has just issued a, Ask an Expert

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Problem:

The Berkshire Hathaway Group has just issued a $100,000 par value bond paying 6% interest with 8 years till maturity. Assuming the current yield on the bond is 10%.

Requirement:

Question 1: What is the total present value of the bond? Please provide step by step solution and all calculation.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91146175

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