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Bears All Shirts Company issues bonds with a face value of $ 1 5 , 0 0 0 , 0 0 0 that pay 7

Bears All Shirts Company issues bonds with a face value of $15,000,000 that pay 7%interest semiannually and mature in 20years. Calculate the price of the bond if the market interest rate is 7%
Find the following:
N(period of time)(translate to semi-annual)
I(Interest)(translate to semi-annual)
PV(Present Value)
FV(Future Value)
PMT(Annuity)Bears All-Shirts Company issues bonds with a face value of $15,000,000 that pay 7% interest semiannually
and mature in 20 years. Calculate the price of the bond if the market interest rate is 7%.
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