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