Question: Applying Time Value of Money Concepts Complete the missing information in the table below. Assume that all bonds pay interest semiannually. Do not use negative
Applying Time Value of Money Concepts Complete the missing information in the table below. Assume that all bonds pay interest semiannually. Do not use negative signs with answer. Round percentages to one decimal plate (ex. 0.0345 = 3.5%). Round all other values to the nearest whole number Annual Years to Coupon Issue Yield Maturity Rate Face value Proceeds Firm 1 8.00 15 7.00% 5600,000 $ Firm 2 3.00% 10 0.009 $1,050,000 5779,594 Firm 3 6.50% 0 5.00% 5500,000 5453,784 Firm 4 096 12 3.50% $1,000,000 $1,103,121 Firm 5 0.8096 20 2.00% $800,000 $ 0 0
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