Question: Class Exercise Bond Valuation 2 Scenario 1 On January 1, 2018, Green Button Company issues long-term bonds, which are due January 1, 2033. Interest is

 Class Exercise Bond Valuation 2 Scenario 1 On January 1, 2018,

Class Exercise Bond Valuation 2 Scenario 1 On January 1, 2018, Green Button Company issues long-term bonds, which are due January 1, 2033. Interest is paid semiannually on January 1 and July I each year. The face amount of the bonds is $400,000. The stated interest rate is 9%. At the time of issuance, the market rate of interest is 12%. What will be the bond price for Green Button Company? Scenario 2 On January 1, 2018, Green Button Company issues long-term bonds, which are due January 1, 2033. Interest is paid semiannually on January 1 and July I each year. The face amount of the bonds is $400,000. The stated interest rate is 9%. At the time of issuance, the market rate of interest is 6%. What will be the bond price for Green Button Company

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