Question: I DO NOT UNDERSTAND THIS QUESTION.... CAN i GET ASSISTANCE WITH A STEP BY STEP GUIDE? A company issued 5%, 10-year bonds with a face

I DO NOT UNDERSTAND THIS QUESTION.... CAN i GET ASSISTANCE WITH A STEP BY STEP GUIDE?

A company issued 5%, 10-year bonds with a face amount of $62 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 $1andPVAD of $1)(Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars. Round final answers to the nearest whole dollar.)

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