# What would you pay for a $50,000 debenture bond that matures in 15 years and pays $5,000 a year in interest if you wanted to earn a yield of? (a) 8%? (b) 10%? (c) 12%?

Chapter 6, Exercises #7

What would you pay for a $50,000 debenture bond that matures in 15 years and pays $5,000 a year in interest if you wanted to earn a yield of?

(a) 8%?

(b) 10%?

(c) 12%?

(a) 8%?

(b) 10%?

(c) 12%?

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**Related Book For**

## Intermediate Accounting

15th edition

**Authors:** Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

**ISBN:** 978-1118147290