Linda Williams is interested in buying a five-year zero coupon bond with a face value of $1,000. She understands that the market interest rate for similar investments s 8.2 percent. Assume annual coupon payments. What is the current value of this bond? (Round answer to 2 decimal places, e.g. 15.25.) Current value of bond $

Unda Wifliams is interested in buying a five-year zero coupon bond with a face value of $1,000. She understands that the market interest nate for similar investroentshs 8.2 percent. Assume anoual coupon pavments. What is the current vatue of this bond? (Round) answer to 2 decimal ploces, e.g. 15.25.) Currentvalue of bond You and a coworker are analyzing two proposed capital investments with the following cash flows: The cost of capital for both projects is 10 percent. Calculate the profitability index (PI) for each project. (Do not round discount foctors. Round intermediate calculations to 2 decimal places, e.8. 15.25 and final answer to 4 decimal places, e.s. 1.2527.)