Question: Exercise 1 4 - 2 ( Algo ) Determine the price of bonds In varlous sltuations [ LO 1 4 - 2 ] Determine the

Exercise 14-2(Algo) Determine the price of bonds In varlous sltuations [LO14-2] Determine the price of a \(\$ 1.8\) million bond issue under each of the following independent assumptions: 1. Maturity 10 years, interest paid annually, stated rate \(7\%\), effective (market) rate \(8\%\).2. Maturity 10 years, interest paid semiannually, stated rate \(7\%\), effective (market) rate \(8\%\).3. Maturity 10 years, interest paid semiannually, stated rate \(8\%\), effective (market) rate \(7\%\).4. Maturity 20 years, interest paid semiannually, stated rate \(8\%\), effective (market) rate \(7\%\).5. Maturity 20 years, interest paid semiannually, stated rate \(8\%\), effective (market) rate \(8\%\). Note: Use tables, Excel, or a flnanclal calculator. (FV of \$1, PV of \$1. FVA of \$1. PVA of \$1, FVAD of \$1 and PVAD of \$1.)
Exercise 1 4 - 2 ( Algo ) Determine the price of

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