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430 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments 770 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest
- 430 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments
- 770 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments
- 2,020 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments
Assuming the market rate of interest is 10%, calculate the selling price for each bond issue. If required, round your intermediate calculations and final answers to the nearest dollar.
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