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Complete the below table to calculate the price of a $1.2 million bond issue under each of the following independent assumptions (FV of $1, PV
Complete the below table to calculate the price of a $1.2 million bond issue under each of the following independent assumptions (FV of $1, PV of $1. FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.): 1. Maturity 14 years, interest paid annually, stated rate 8%, effective (market) rate 10% 2. Maturity 10 years, interest paid semiannually, stated rate 8%, effective (market) rate 10% 3. Maturity 5 years, interest paid semiannually, stated rate 10%, effective (market) rate 8% 4. Maturity 10 years, interest paid semiannually, stated rate 10 %, effective (market) rate 8% 5. Maturity 10 years, interest paid semiannually, stated rate 10%, effective (market) rate 10% Complete this question by entering your answers in the tabs below. Required 2 Required 5 Required 1 Required 3 Required 4 Maturity 14 years, interest paid annually, stated rate 8%, effective (market) rate 10%. Round your answers to the nearest whole dollar.) Table values are based on: 14 n = 8.0% Cash Flow Amount Present Value Interest Principal Price of bonds Required 2 Required 1
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