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10. A company issues $300,000, 5%, 10-year bonds paying interest semiannually. The current market rate is 6%. What amount will the bonds sell for? 11.

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10. A company issues $300,000, 5%, 10-year bonds paying interest semiannually. The current market rate is 6%. What amount will the bonds sell for? 11. A company issues $500,000 of 7%, 5-year bonds on January 1, 2021 when the market rate for similar bonds was 6%. Interest is payable annually. What was the issue price of the bonds? Prepare a complete amortization schedule for the bonds. 12. A company is considering an investment of $750,000. The investment will produce cash flows of $100,000 in year 1, $200,000 in year 2, $300,000 in year 3, and $400,000 in year 4. If the company's cost of capital is 8%, what is the net present value of the investment? Should the company make the investment? What is the internal rate of return for the investment

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