Question

**How to you compute CPT PV without a financial
calculator?**

Barry’s Steroids Company has $1,000 par value bonds outstanding at 14 percent interest. The bonds will mature in 50 years.

If the percent yield to maturity is 11 percent, what percent of
the total bond value does the repayment of principal represent?
Assume interest payments are annual. Use Appendix B and Appendix D
for an approximate answer but calculate your final answer using the
formula and financial calculator methods. **(Do not round
intermediate calculations. Input your answer as a percent rounded
to 2 decimal places.)**

Answer #1

pls find attached answers

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your final answer using the formula and financial calculator
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