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b. 12% ? c. 14% ? What would you pay for a HK$50,000 debenture bond that matures in 15 years and pays HK$5,000 a year

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b. 12% ? c. 14% ?

What would you pay for a HK$50,000 debenture bond that matures in 15 years and pays HK$5,000 a year in interest if you wanted to earn a yield of: (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) (a) 10% ? (Round answer to 0 decimal places, e.g. 458,581. HK\$

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