Finance question

Discussion in 'Homework Help' started by Azie, Nov 18, 2013.

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Finance question
  1. Unread #1 - Nov 18, 2013 at 4:06 PM
  2. Azie
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    Azie Time is money so I went and bought a Rolex

    Finance question
    I'm having trouble understanding how to work this question out.

    Crow Plc has just issued a ten-year bond (nominal value £100) with an annual coupon (interest) rate of 8% at a price of £90. Calculate the Internal Rate of Return (IRR)* of this bond.
     
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  3. Unread #2 - Nov 20, 2013 at 10:36 AM
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    Finance question
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