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I need help with this question On January 1,2024 . Rare Bird Limited purchased 16% bonds dated January 1, 2024, with a face amount of
I need help with this question
On January 1,2024 . Rare Bird Limited purchased 16% bonds dated January 1, 2024, with a face amount of 335 millon, The bonds mature in 2034 , 10 years). For bonds of simnar risk and maturity, the market yeid is 12% interest is paid semiannually on June 30 and Decembers1 Requirect: Determine the price of the Donds on January 1,2024 Note: Use tables, Excel, or a financial calculetor. Enter your answer in whole dollars. EV of S1, PV.or \$1. EVA oI SI: PVA of \$1. EVAD ofs1 and PYAD SES Step by Step Solution
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