What would you pay for a $100,000 debenture bond that matures in 15 years and pays $5,000

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What would you pay for a $100,000 debenture bond that matures in 15 years and pays $5,000 a year in interest if you wanted to earn a yield of:

a. 4%?

b. 5%?

c. 6%?

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Related Book For answer-question

Intermediate Accounting

ISBN: 978-1119503668

17th edition

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

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Question Posted: Nov 19, 2019 08:50 AM

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What would you pay for a $100,000 debenture bond that matures in 15 years and pays $5,000

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a 100000 X 55526 PVF 15 4 55526 5000 X 1111839 PVF OA 15 4 55592 111118 b 100000 ...View the full answer

Intermediate Accounting

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