Question: 1 2 Bond Details 3 4 $ 5 Date Face Value Contract Rate Effective Rate Life (years) Payments per Year 1/1/20 120,000.00 12% 10% 7

1 2 Bond Details 3 4 $ 5 Date Face Value Contract Rate Effective Rate Life (years) Payments per Year 1/1/20 120,000.00 12% 10% 7 6 7 8 2 9 10 Calculations $ 11 120,000.00 12 Present Value Future Value Payment 13 14

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