What would you pay for a $500,000 debenture bond that matures in 20 years and pays $50,000

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What would you pay for a $500,000 debenture bond that matures in 20 years and pays $50,000 a year in interest if you wanted to earn a yield of?

(a) 8%?

(b) 10%?

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Intermediate Accounting

ISBN: 978-1118147290

15th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

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Question Posted: Jun 07, 2013 09:30 AM

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What would you pay for a $500,000 debenture bond that matures in 20 years and pays $50,000

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a 500000 X 21455 10727500 50000 X 981815 49090750 598182...View the full answer

Intermediate Accounting

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