An oil company is issuing a bond with a face value, Z, of $10 billion and a return rate of 8% over a 10-year time frame. The dividends for this bond are being paid on an annual basis. A global investment bank is interested in purchasing the bond the oil company but it wishes to earn a 12% return. You are being hired by the oil company to advise on the following What would be the bond value Vn that would meet the bank return interests Hint P/A = 23.1148 P/F = 0.3066