Question: 14 Exercises A Saved Help QS 14-15A Computing bond price C2 Compute the selling price of 10%, 10-year bonds with a par value of $210,000
14 Exercises A Saved Help QS 14-15A Computing bond price C2 Compute the selling price of 10%, 10-year bonds with a par value of $210,000 and semiannual interest payments. The annual market rate for these bonds is 12%. Use present value Table B1 and Table B.3 in Appendix B. (Round all table values to 4 decimal places, and use the rounded table values in calculations.) . Table Value Present Value ok Cash Flow $210,000 par (maturity) value $10,500 interest payment Price of Bond int ences
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