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Determine the price of a $1 million bond issue under each of the following independent assumptions: (Use Table 2 and Table 4). (Round PV Factor
Determine the price of a $1 million bond issue under each of the following independent assumptions: (Use Table 2 and Table 4). (Round "PV Factor" to 5 decimal places, intermediate and final answers to the nearest whole dollar amount. Omit the "$" sign in your response.) Maturity Interest Paid Stated Rate Effective (Market) Rate Price 1. 10 years annually 9% 11% $ 2. 10 years semiannually 9% 11% $ 3. 10 years semiannually 11% 9% $ 4. 20 years semiannually 11% 9% $ 5. 20 years semiannually 11% 11% $
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