<t>Hello all,I recently had this question come up in a exam - and was curious if my attempt at it was correct.The question was as follows:QuoteInterest Rate TheoryThe following information is available:- A 3% coupon bond with face value £100 and maturity 10 years costs £100.- The spot rate s5 is giv...

<t>Hi,I've got a relatively simple NPV question which I was hoping someone could assist me with. The question is as follows:QuoteAn expenditure of £1m on project X started in year 0 will yield certain revenue in year 1 of £2m. A mutually exclusive Project Y started in year 1 will cost £2m and yield ...