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A company issued bond worth $75,000 with 10% interest payable semi-annually over the next 3 years. Compute for the present value of the $75,000 principal
A company issued bond worth $75,000 with 10% interest payable semi-annually over the next 3 years. Compute for the present value of the $75,000 principal bond repayment using the table below: Periods Factor 1 0.9524 2 0.9070 3 0.8638 4 0.8227 5 0.7835 6 0.7462 7 0.7107 8 0.6768 9 0.6446 10 0.6139
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