6.The market price of a bond is the Question 6 options: present value of its principal amount only. principal amount plus the present value of all future interest payments. principal amount plus all future interest payments. 7.present value of its principal amount at maturity plus the present value of all future interest payments. The present value of a bond is also known as its Question 7 options: market price. future value. deferred value. face value.

8.$4 million, 8%, 10-year bonds are issued at face value. Interest will be paid semi-annually. When calculating the market price of the bond, the present value of Question 8 options: $160,000 received for 10 periods must be calculated. $320,000 received for 10 periods must be calculated. $4 million received in 20 periods must be calculated. $4 million received in 10 periods must be calculated.

9.Davis Company is about to issue $900,000 of 8-year bonds paying a 12% interest rate with interest payable semiannually. The discount rate for such securities is 10%. Below are available time value of money factors that Davis uses to calculate compound interest. To the closest dollar, how much can Davis expect to receive for the sale of these bonds? Question 9 options: $958,017. $997,539. $1,620,000. $688,113.

10.Jack Company is about to issue $1,000,000 of 10-year bonds paying an 8% interest rate with interest payable semiannually. The discount rate for such securities is 10%. Below are available time value of money factors that Jack uses to calculate compound interest. To the closest dollar, how much can Jack expect to receive for the sale of these bonds? Question 10 options: $1,756,879. $731,592. $875,379. $1,000,000.