Question: Help Sew & E Sum Eugene issues a bond with a coupon ratio of 12%, face amount of $40,000, and is due in 8 years.

Help Sew & E Sum Eugene issues a bond with a

Help Sew & E Sum Eugene issues a bond with a coupon ratio of 12%, face amount of $40,000, and is due in 8 years. Interest payments are made semiamuelyThe effective rate for this type of bond is 14%. What is the issue price of the bond? of St P of $1. EVA of $1. PVA of $1 EVAD of Sand PVAD of $1 (Use appropriate factors) from the tables provided) Mutiple Choice $51.5 560.268 940,000 $35 221

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