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9.Company X is issuing bonds.They plan to issue 10,000,$1000 par, 6% bonds that pay semi-annual for 5 years. What are the proceeds from this bond

9.Company X is issuing bonds.They plan to issue 10,000,$1000 par, 6% bonds that pay semi-annual for 5 years.

What are the proceeds from this bond sale if the market rate is 7%?

10.Company X is issuing bonds.They plan to issue 10,000,$1000 par, 6% bonds that pay semi-annual for 5 years.

What are the proceeds from this bond sale if the market rate is 5%?

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