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Homework: Chapter 14 core: 0 of 1 pt 16 of 17 (14 complete) HW Score: 81.96%, 13.93 of 17 pt E14-13 (similar to) On $1,000

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Homework: Chapter 14 core: 0 of 1 pt 16 of 17 (14 complete) HW Score: 81.96%, 13.93 of 17 pt E14-13 (similar to) On $1,000 par value, 3%, 6-year bonds. Interest is payable semiannually each January 1 and July 1 with the first interest payment due at the end of the period on issued $800,000 of (Click the icon to view the Future Value of $1 table.) (Click the ioon to view the Future Value of an Ordinary Annuity table.) (Click the icon to view the Future Value of an Annuity Due table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Value of an Ordinary Annuity table.) July 1, 2018. The market rate of interest for similar date of the bond issue was 6%. However, because these bonds are convertible. bonds on the erate is 4%. Each bond is ble into 80 shares of Manderson (Click the icon to view the Present Technology's $5 par value common stock. Assume there is no beneficial Value of an Annuity Due table.) option. Read the issue price of the debt. (Use the present value and future value tables, the formula method, a financial calculator, or a spreadsheet for amounts rounded to five decimal places, X.X00X. Round your final your calculations. If using present and future value tables or the formula method, use factor answers to the nearest whole dollar.) is $ Enter any number in the edit fields and then click Check Answer Clear All

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