Financial assignment due within 5 hours

This formula can calculate the value of a bond.

Value = present value (of bond) = face value/(1+r).

where r represents the return rate required, and n indicates the number period (in this instance, 9%)

If the face value is $1,000, and the rate of return required is 9% then the value of this bond would be as follows:

1,000/ (1+.09),9= 743.8164