Question: I need help with both questions please Chapter 14 HW A conary issued 15-year bonds wi E connect Intermediate Accounting 302: ACCT 302 01 Fall
Chapter 14 HW A conary issued 15-year bonds wi E connect Intermediate Accounting 302: ACCT 302 01 Fall 2017 ACCOUNTING Chapter 14 HW Question 15 (of 21) 1500 points A pany issued 9%, 15-year bonds with a face amount of $70 milon The market yield for bonds of simiar risk and maturity is 9%. Interest is paid semunualy. At what proo did the bonds ser? (Eysti. PV of S1. EVA of $1, PVA of $1, FVAD of $1 and PVAD of S1) (Use appropriate factors) from the tables provided. Enter your answers in millions (e 10,000,000 should be entered as 10)-) 20 4 QWERTY U
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