Because the yield to maturity (10%) is higher than the coupon rate (9%), this bond will be sold at a discount. Therefore, its carrying value will be less than its face value ($100,000). You can calculate the carrying value of the bond by typing in the relevant pieces of information into a finance calculator or spreadsheet (use the PV function). FV = $100,000 (par value) N = 3 (number of periods) PMT = $9,000 (9% coupon rate X $100,000 par value) INT = 10% (Investors required yield to maturity)
Democritus (/dÉªËmÉkrÉªtÉs/ ; Greek: Î´Î·Î¼ÏÎºÏÎ¹ÏÎ¿Ï DÄmokritos, dÄmÃ³kritos meaning chosen of the; people. c â 460. c 370) bc was an Influential Ancient greek-Pre socratic philosopher primarily remembered today for his formulation of an atomic theory of the. Universe democritus was born In, Abdera thrace around 460. bc
The historian Tacitus was born in the year 56 or 57 probably in Rome. He was in Rome during the great fire. During his lifetime he wrote a number of histories chronicling the reigns of the early emperors. The following eye witness account comes from his final work The Annals written around the year 116.