Determine the price of a $1 7 million bond issue under each of the following independent assumptions 1 Maturity 10 years, interest paid annually, stated rate 5 , effective (market) rate 7 2 Maturity 10 years, interest paid semiannually, stated rate 5 , effective (market) rate 7 3 Maturity 10 years, interest paid semiannually, stated rate 7 , effective (market) rate 5 4 Maturity 20 years, interest paid semiannually, stated rate 7 , effective (market) rate 5 5 Maturity 20 years, interest paid semiannually, stated rate 7 , effective (market) rate 7 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 ) please do 1 5 Determine the price of a $1 7 million bond issue under each of the following independent assumptions 1 Maturity 10 years, interest paid annually, stated rate 5 , effective (market) rate 7 2 Maturity 10 years, interest paid semiannually, stated rate 5 , effective (market) rate 7 3 Maturity 10 years, interest paid semiannually, stated rate 7 , effective (market) rate 5 4 Maturity 20 years, interest pald semiannually, stated rate 7 , effective (market) rate 5 5 Maturity 20 years, interest paid semiannually, stated rate 7 , effective (market) rate 7 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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Determine the price of a $1.7 million bond issue under each of the following independent assumptions: 1. Maturity 10 years, interest paid annually, stated rate

Determine the price of a $1.7 million bond issue under each of the following independent assumptions: 1. Maturity 10 years, interest paid annually, stated rate 5%, effective (market) rate 7%. 2. Maturity 10 years, interest paid semiannually, stated rate 5%, effective (market) rate 7%. 3. Maturity 10 years, interest paid semiannually, stated rate 7%, effective (market) rate 5%. 4. Maturity 20 years, interest paid semiannually, stated rate 7%, effective (market) rate 5%. 5. Maturity 20 years, interest paid semiannually, stated rate 7%, effective (market) rate 7%. 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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Determine the price of a $1.7 million bond issue under each of the following independent assumptions: 1. Maturity 10 years, interest paid annually, stated rate 5%, effective (market) rate 7%. 2. Maturity 10 years, interest paid semiannually, stated rate 5%, effective (market) rate 7%. 3. Maturity 10 years, interest paid semiannually, stated rate 7%, effective (market) rate 5%. 4. Maturity 20 years, interest pald semiannually, stated rate 7%, effective (market) rate 5%. 5. Maturity 20 years, interest paid semiannually, stated rate 7%, effective (market) rate 7%. 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.)