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Applying Time Value of Money Concepts Complete the missing information in the table below. Assume that all bonds pay interest semiannually. Do not use negative
Applying Time Value of Money Concepts Complete the missing information in the table below. Assume that all bonds pay interest semiannually. Do not use negative signs with answer. Round percentages to one decimal place (ex. 0.0345 = 3.5%). Round all other values to the nearest whole number. Annual Years to Coupon Issue Yield Maturity Rate Face value Proceeds Firm 1 8.00% 15 7.00% $400,000 $ Firm 2 3.00% 10 0.00% $ $631,100 Firm 3 6.50% 5.00% $500,000 $463,223 Firm 4 % 12 3.50% $1,000,000 $1,136,452 Firm 5 0.80% 2.00% $600,000 $ 20
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