Complete the below table to calculate the price of a $1.5 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.Enter your answers in whole dollars.):

1. Maturity 15 years, interest paid annually, stated rate 8%, market rate 12%

Table values are based on:

n=
i=

cash flow	amount	present value
interest
principle
Price of Bonds

2. Maturity 9 years, interest paid semiannually, stated rate 10%, market rate 12%

n=
i=

cash flow	amount	present value
interest
principle
Price of Bonds

3. Maturity 5 years, interest paid semiannually, stated rate 12%, market rate 10%

n=
i=

cash flow	amount	present value
interest
principle
Price of Bonds

4. Maturity 15 years, interest paid semiannually, stated rate 8%, market rate 10%

n=
i=

cash flow	amount	present value
interest
principle
Price of Bonds

5. Maturity 15 years, interest paid semiannually, stated rate 8%, market rate 12%

n=
i=

cash flow	amount	present value
interest
principle
Price of Bonds