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Applied Software has a $ 1 , 0 0 0 par value bond outstanding that pays 1 2 percent interest with annual payments. The current
Applied Software has a $ par value bond outstanding that pays percent interest with annual payments. The current yield to maturity on such bonds in the market is percent. Use Appendix B and Appendix D
Compute the price of the bonds for these maturity dates: Round PV Factor" to decimal places. Do not round intermediate calculations. Round the final answer to decimal places.
Price of the
bond
a years $
b years $
c year $
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