Question: Return to question Navistar Electric issued 1 0 0 0 debenture bonds 5 years ago with a face value of $ 5 , 0 0

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Navistar Electric issued 1000 debenture bonds 5 years ago with a face value of $5,000 each and a bond interest rate of 9% per year payable semiannually. The bonds have a maturity date of 20 years from the date they were issued. If the interest rate in the market place is 10% per year compounded semiannually, determine the present worth today of one bond.
The present worth of one bond today is $
Return to question Navistar Electric issued 1000 debenture bonds 5 years

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