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fill out missing info with formulas in cells Richmond Company issues bonds with a face value of $20,000,000 that pay 6% interest semiannually and mature

fill out missing info with formulas in cells

Richmond Company issues bonds with a face value of $20,000,000 that pay 6% interest semiannually and mature in 10 years. Calculate the price of the bond if the market interest rate is 6%. Calculate the price of the bond if the market interest rate is 8%. 2N (period of time) 3 I (Interest) 4 PV (Present Value 5 FV (Future Value) PMT (Annuity)

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