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Exercise 6-7 What would you pay for a $200,000 debenture bond that matures in 15 years and pays $10,000 a year in interest if you

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Exercise 6-7 What would you pay for a $200,000 debenture bond that matures in 15 years and pays $10,000 a year in interest if you wanted to earn a yield of: Click here to view factor tables Your answer is correct. 2%? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to 0 decimal places, eg. 458,581.) Amount to Pay 277095.53 SHOW SOLUTION LINK TO TEXT Your answer is incorrect. Try again. 3%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, eg. 458,581.) Amount to Pay 277095.53

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