Question: MC10. 9&10 Question 9 Triumph Corp. issued five-year bonds that pay a coupon of 6.375.percent annually. The current market rate for similar bonds is 8.5.percent.

MC10. 9&10 Question 9 Triumph Corp. issued five-year bonds that pay

a coupon of 6.375.percent annually. The current market rate for similar bonds

MC10. 9&10

Question 9 Triumph Corp. issued five-year bonds that pay a coupon of 6.375.percent annually. The current market rate for similar bonds is 8.5.percent. How much will you be willing to pay for Triumph's bond today? (Do not round intermediate computations. Round your final answer to the nearest dollar.) What is the correct formula for cell B6 to calculate the price of the bond? =PV(B4,B2,B3B1,B1)=PV(B3,B2,B4B1,B1)=FV(B4,B2,B3/B1,B1)=NPV(B4,B2,B3/B1,B1) none of the answers is correct Question 10 Briar Corp is issuing a 10-year bond with a coupon rate of 7 percent. The interest rate for similar bonds is currently 9 percent. Assuming annual payments, what is the present value of the bond? (Do not round intermediate computations. Round your final answer to the nearest dollar.) What is the correct formula for cell B6 to calculate the price of the bond? =PV(B4,B2,B3B1;B1)=PV(B3,B2,B3B1,B4)=NPV(B3,B2,B3B1,B4)=FV(B4,B2,B3B1,B1) none of the answers is correct

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