Question: please help & show work Brief Exercise 14-3 (Algo) Determining the price of bonds (L014-2) A company issued 9%, 15-year bonds with a face amount
Brief Exercise 14-3 (Algo) Determining the price of bonds (L014-2) A company issued 9%, 15-year bonds with a face amount of $82 million. The market yield for bonds of similar risk and maturity is 9% Interest is paid semiannually. At what price did the bonds sell? (EV of $1. PV of $1. EVA of S1, PVA of S1, EVAD of S1 and PVAD OLS1 (Enter your answers in whole dollars. Round final answers to the nearest whole dollor.) Price of bonds
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