Question: What would you pay for a $ 1 1 0 , 0 0 0 debenture bond that matures in 1 5 years and pays $

What would you pay for a $110,000 debenture bond that matures in 15 years and pays $5,500 a year in interest if you wanted to earn a yield of:
Click here to view factor tables.
(a)
3%?(Round factor values to 5 decimal places, e.g.1.25124 and final answer to 0 decimal places, e.g.458,581.
Amount to pay $
What would you pay for a $ 1 1 0 , 0 0 0

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