Question: Holiday Brands issued $39 million of 6%, 30-year bonds for $36.5 million. What is the amount of interest that Holiday will pay semiannually to
Holiday Brands issued $39 million of 6%, 30-year bonds for $36.5 million. What is the amount of interest that Holiday will pay semiannually to bondholders? (Enter your answers in whole dollars.) Cash Interest Paid A company issued 4%, 10-year bonds with a face amount of $72 million. The market yield for bonds of similar risk and maturity is 5%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Enter your answer in whole dollars.) Price of bonds A company issued 8%, 10-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity is 4%. Interest is paid semiannually. At what price did the bonds sell? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Enter your answers in whole dollars.) Price of bonds
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