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3 PAR VALUE $ 3 , 0 0 0 , 0 0 0 N = 2 years I = 8 % N . A .

3

PAR VALUE $

3, 000, 000

= 2

years

= 8 %

.

.

.

Bond Emission Date:

6 / 10 / 2020

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Valuation Date:

7 / 10 / 2021

Opportunity Rate

7 %

What is the new Net Present Value?

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