document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1122777>Question 1122777</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Commercial Bond 1 in Market X:<BR>\n" );
document.write( "The other features of the Bond are as follows: <BR>\n" );
document.write( "Par value: $2000<BR>\n" );
document.write( "Coupon rate: 10%<BR>\n" );
document.write( "Coupon rate compounding interval: semi-annual <BR>\n" );
document.write( "Current market rate of similar Bond: 11%<BR>\n" );
document.write( "Year to maturity: 10 years \r<BR>\n" );
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document.write( "Commercial Bond 2 in Market Y <BR>\n" );
document.write( "The other features of the Bond are as follows: <BR>\n" );
document.write( "Par value: $2000 <BR>\n" );
document.write( "Coupon rate: 8% <BR>\n" );
document.write( "Coupon rate compounding interval: monthly <BR>\n" );
document.write( "Current market rate of similar Bond: 7% <BR>\n" );
document.write( "Year to maturity: 10 years  \r<BR>\n" );
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document.write( "(a) A recent University graduate John has joined your team. You have asked John to calculate the present value of both Commercial Bond 1 and 2. John submitted his calculations as follows: Present value of Commercial Bond 1 $1882.22 and 2 $2140.47. Are John’s calculations correct? Where has he gone wrong?  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #739403 by </B><A HREF=/tutors/aboutme.mpl?userid=ikleyn><B>ikleyn(52802)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=ikleyn><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=ikleyn><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=739403\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> .<BR>\n" );
document.write( "This site is for helping School students in Math.\r<BR>\n" );
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document.write( "Your problem is highly specialized from Finance.\r<BR>\n" );
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document.write( "Find another, more appropriate site, where to post it.\r<BR>\n" );
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