Question: I got it wrong Calculator Present value of bonds payables discount Pinder Co. produces and sells high-quality video equipment. To finance its operations, Pinder issued

I got it wrong I got it wrong Calculator Present value of bonds payables discount Pinder

Calculator Present value of bonds payables discount Pinder Co. produces and sells high-quality video equipment. To finance its operations, Pinder issued 529,000,000 of four-year, 7% bonds, with interest payable semiannually, at a market (effective) interest rate of 9%. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below. Open spreadsheet Determine the present value of the bonds payable. Round your answer to the nearest dollar, $ 27,985,000 x

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