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11. Apex, Inc. issues a series of $100,000 bonds on January 1, 2020. The bonds pay interest at end of each year at the rate

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11. Apex, Inc. issues a series of $100,000 bonds on January 1, 2020. The bonds pay interest at end of each year at the rate of 6.8% per year and mature in 10 years. a. If investors decide that 7.3% per year is an appropriate interest rate for the Apex bonds, how much will they be willing to pay for each bond? b. If investors decide that 6.3% per year is an appropriate interest rate for the Apex bonds, how much will they be willing to pay for each bond? C. What does 11. Apex, Inc. issues a series of $100,000 bonds on January 1, 2020. The bonds pay interest at the end of each year at the rate of 6.8% per year and mature in 10 years. a. If investors decide that 7.3% per year is an appropriate interest rate for the Apex bonds, how much will they be willing to pay for each bond? b. If investors decide that 6.3% per year is an appropriate interest rate for the Apex bonds, how much will they be willing to pay for each bond

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