1) On Sep 30, 2013 Crystal Company issued 8% stated rate bonds with a face amount of $300 million. The bonds mature on Sep 30, 2033 ( 20 yrs). The market rate of interest for similar bonds was 10%. Interest is paid semiannually on March 31, and Sep 30.

Determine the price of the bond on Sep 30, 2013.

Table Values are based on:
n =
i =
Cash Flow	Amount	Present Value
Interest
Principal
Price Bond	Blank	$

2) For each of the following situations involving single amounts, solve for the unknown. Interest is compunded annually. i = Interest, n = Number of years. Please Find the present value.

Present Value	Future Value	i	n
?	$80,000	14%	9