A company issued 8%, 10-year bonds with a face amount of $79 million. The market yield...
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A company issued 8%, 10-year bonds with a face amount of $79 million. The market yield for bonds of similar risk and maturity is 9%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Enter your answer in whole dollars.) Price of bonds A company issued 8%, 10-year bonds with a face amount of $79 million. The market yield for bonds of similar risk and maturity is 9%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1. PV of $1. EVA of $1. PVA of $1. EVAD of $1 and PVAD of $1) (Enter your answer in whole dollars.) Price of bonds
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Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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