Question

A fully amortizing bond has the following characteristics: Current value: $1,000 (this is year 0) Term:...

A fully amortizing bond has the following characteristics:

Current value: $1,000 (this is year 0)

Term: 4 years

Payments: annual, end of year

Interest rate: 7%

Please calculate the year 1-5 CFs

Investor CF (payment)   Interest Payment       Principal Payment       Outstanding balance   

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