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Determine the price of a $ 1 . 1 million bond issue under each of the following independent assumptions: Maturity 1 0 years, interest paid

Determine the price of a $1.1 million bond issue under each of the following independent assumptions:
Maturity 10 years, interest paid annually, stated rate 6%, effective (market) rate 8%.
Maturity 10 years, interest paid semiannually, stated rate 6%, effective (market) rate 8%.
Maturity 10 years, interest paid semiannually, stated rate 8%, effective (market) rate 6%.
Maturity 20 years, interest pad semiannually, stated rate 8%, effective (market) rate 6%.
Maturity 20 years, interest paid semiannually, stated rate 8%, effective (market) rate 8%.
Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1.)
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Maturity 10 years, interest paid annually, stated rate 6%, effective (market) rate 8%.
Note: Round your answer to the nearest whole dollar.
Price of bonds
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