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help with explantion please Check A com any issued 7%, 20-year bonds with a face amount of $100 million. The market yield for bonds of
help with explantion please Check A com any issued 7%, 20-year bonds with a face amount of $100 million. The market yield for bonds of similar risk and maturity is 6% Interest is paid semiannually. At what price did the bonds sell? (FV of S1, PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars.) Table values are based on: Cash Flow Amount Present Value Principal Price of bonds
help with explantion please
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