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i need help!! thank you! Assume that you are going to receive $360,000 in 10 years. The current market rate of interest is 11%. a.

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i need help!!

thank you!

Assume that you are going to receive $360,000 in 10 years. The current market rate of interest is 11%. a. Using the present value of $1 table in Exhibit 5, determine the present value of this amount compounded annually. Round to the nearest whole doll. $ b. Why is the present value less than the $360,000 to be received in the future? The present value is less due to over the 10 years. Moss Co. issued $190,000 of four-year, 11% bonds, with interest payable semiannually, at a market (effective) interest rate of 10%. Determine the present value of the bonds payable, using the present value tables in Exhibit 5 and Exhibit 7. Round to the nearest dollar. S

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