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ASAP PLS Larry Page Corp. offers 7 percent coupon bonds with semiannual payments and a yield to maturity of 5.94 percent. The bonds mature in

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Larry Page Corp. offers 7 percent coupon bonds with semiannual payments and a yield to maturity of 5.94 percent. The bonds mature in 10 years. What is the market price per bond if the face value is $1,000? O A) $975.93 A OB) $913.48 OC) $839.14 D) $1,079.07 E) $902.60 Strong Alum, Inc. uses high-tech equipment to produce specialized aluminum products for its customers. Each one of these machines costs $1,520,000 to purchase plus an additional $60,000 a year to operate. The machines have a five- year life after which they are worthless. What is the equivalent annual cost of one these machines if the required return is 15.5 percent? (Hint: Find NPV first, then find PMT] O A) - $506,819.32 B) -$295,666.67 C) -$427,109.10 D) -$510,819.31 E) - $518,819.31

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