Compute the selling price of 8%, 10-year bonds with a par value of $250,000 and semiannual interest

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Compute the selling price of 8%, 10-year bonds with a par value of $250,000 and semiannual interest payments.

The annual market rate for these bonds is 10%. Use present value tables B.1 and B.3 in Appendix B.

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Fundamental Accounting Principles

ISBN: 9781260247985

25th Edition

Authors: John J Wild, Ken Shaw

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Question Posted: May 26, 2022 06:49 AM

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Compute the selling price of 8%, 10-year bonds with a par value of $250,000 and semiannual interest

Question:

Cash Flow $250,000 par (maturity) value $10,000 interest payment Price of Bond Table Value 12.4622 0.3769 Present Value

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Fundamental Accounting Principles

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