Business, 18.06.2020 18:57 bedsaul12345

$100,000 of 7% bonds. Interest of $3,500 is payable semi-annually on June 30 and December 31. The bonds mature in 5 years. The market yield for bonds of similar risk and maturity is 8%. Utilizing the time value of money tables in your book, calculate the issue price of the bonds

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$100,000 of 7% bonds. Interest of $3,500 is payable semi-annually on June 30 and December 31. The bo...

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