14-1

Complete the below table to calculate the price of a $1.7 million bond issue under each of the following independent assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.Enter your answers in whole dollars.): 1. Maturity 16 years, interest paid annually, stated rate 10%, market rate 12% Table values are based on: 16 10.0% Cash Flow Interest Principal Amount Present Value Price of bonds 2. Maturity 5 years, interest paid semiannually, stated rate 10%, market rate 12% Table values are based on: 10 6.0% Cash Flow Interest Principal Amount Present Value Price of bonds 3. Maturity 6 years, interest paid semiannually, stated rate 12%, market rate 10% Table values are based on: Cash Flow Interest Principal Amount Present Value Price of bonds 4. Maturity 15 years, interest paid semiannually, stated rate 12%, market rate 14% Table values are based on: Cash Flow Interest Principal Amount Present Value Price of bonds 5. Maturity 15 years, interest paid semiannually, stated rate 12%, market rate 12% Table values are based on: Cash Flow Interest Principal Amount Present Value Price of bonds