Question: 9 9.09 points QS 10-19A (Algo) Computing bond price C2 Compute the selling price of 8%, 10-year bonds with a par value of $220,000

9 9.09 points QS 10-19A (Algo) Computing bond price C2 Compute the

9 9.09 points QS 10-19A (Algo) Computing bond price C2 Compute the selling price of 8%, 10-year bonds with a par value of $220,000 and semiannual interest payments. The annual market rate for these bonds is 10%. Use present value Table B.1 and Table B.3 in Appendix B. (Round all table values to 4 decimal places, and use the rounded table values in calculations.) Cash Flow eBook $220,000 par (maturity) value $8,800 interest payment Hint Price of Bond Print Table Value Present Value

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