Use the paper copy of the Present Value Tables, provided on Canvas, to answer the following question:

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Question:

Williams Company issued

200

of its

8 %,

1, 000, 5 -

year bonds on January

1, 2023 .

On that date, the market rate of interest was

12 % .

The bonds pay interest quarterly. How much would an investor pay for this bond?

Posted Date: May 18, 2024 04:10 AM

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Use the paper copy of the Present Value Tables, provided on Canvas, to answer the following question:

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