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Complete the below table to calculate the price of a $1,700,000 bond issue under each of the following independent assumptions (FV of $1. PV
Complete the below table to calculate the price of a $1,700,000 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 16 years, interest paid annually, stated rate 10%, effective (market) rate 12%. 2. Maturity 10 years, interest paid semiannually, stated rate 10%, effective (market) rate 12%. 3. Maturity 6 years, interest paid semiannually, stated rate 12%, effective (market) rate 10%. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Maturity 16 years, interest paid annually, stated rate 10%, effective (market) rate 12%. (Round your answers to the nearest whole dollar.) Table values are based on: n = i = Cash Flow Amount Present Value Interest Principal Price of bonds < Required 1 Required 2 >
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