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Exercise 143 Determine the market price of a $649,000, 10-year, 10% (pays interest semiannually) bond issue sold to yield an effective rate of 12%. (Round

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Exercise 143 Determine the market price of a $649,000, 10-year, 10% (pays interest semiannually) bond issue sold to yield an effective rate of 12%. (Round factor values to 5 decimal places, e.g. 1.25125 and final answer to 0 decimal places, e.g 458,582.) (Use the below tables.) PRESENT VALUE OF AN ORDINARY ANNUITY OF 1 97561 1.92742 97087 1.91347 2.82861 3.71710 4.57971 96154 1.94156 2.88388 3.80773 4.71346 2.77509 3.62990 4.45182 95238 1.85941 2.72325 3.54595 4.32948 94340 1.83339 2.67301 3.46511 4.21236 3.76197 4.64583 5.60143 6.47199 7.32548 8.16224 8.98259 5.50813 6.34939 7.17014 7.97087 8.75206 5.41719 6.23028 7.01969 7.78611 8.53020 5.24214 6.00205 6.73274 7.43533 8.11090 5.07569 5.78637 6.46321 7.10782 7.72173 4.91732 6.20979 6.80169 9 10 9.78685 10.57534 11.34837 12.10625 12.84926 9.51421 10.25776 10.98319 11.69091 12.38138 7.88687 8.38384 8.85268 9.29498 9.71225 9.25262 10.63496 11.29607 11.93794 8.76048 9.38507 9.98565 10.56312 11.11839 8.30641 8.86325 9.39357 9.89864 10.37966 13.57771 14.29187 14.99203 13.05500 13.71220 14.35336 12.56110 13.16612 13.75351 12.16567 12.65930 10.83777 11.27407 11.68959 10.10590 10.47726 10.82760

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