Question
Complete the below table to calculatethe price of a $1.1 million bond issue under each of the following independent assumptions (FV of $1,PV of $1,FVA
Complete the below table to calculatethe price of a $1.1 million bond issue under each of the following independent assumptions (FV of $1,PV of $1,FVA of $1,PVA of $1,FVAD of $1andPVAD of $1)(Use appropriate factor(s) from the tables provided.):
1.Maturity 11 years, interest paid annually, stated rate 10%, effective (market) rate 12%.
2.Maturity 9 years, interest paid semiannually, stated rate 10%, effective (market) rate 12%.
3.Maturity 5 years, interest paid semiannually, stated rate 12%, effective (market) rate 10%.
4.Maturity 10 years, interest paid semiannually, stated rate 12%, effective (market) rate 10%.
5.Maturity 10 years, interest paid semiannually, stated rate 12%, effective (market) rate 12%.
- Maturity 11 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 =11
i =12.0%
Cash Flow Amount Present Value
Interest= 110,000 ?
Principal= 1,100,000 ?
Price of bonds = ?
Help me find the present value and Price of bonds of these exercises
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