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On December 3 1 , 2 0 2 4 , a company issued 4 % stated rate bonds with a face amount of $ 1
On December a company issued stated rate bonds with a face amount of $ million. The bonds mature on December Interest is payable annually on each December beginning in
Determine the price of the bonds on December assuming that the market rate of interest for similar bonds was
Note: Use tables, Excel, or a financial calculator. Enter your answers in whole dollars and not in millions. FV of $ PV of $ FVA of $ PVA of $ FVAD of $ and PVAD of $
tableTime values are based on:Cash Flow,,InterestPresent Value,PrincipalPrice of bonds,,
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