On January 1 2018 Inc. bonds with a face amount of \$1,000,006 and a 6% coupon rate (payable semiannually starting on June 30, 2018)The bonds mature in years. The market required rate (yield) for similar bond issues is 10%

1. The following questions pertain to calculating the interest :

a. What table would you use to calculate the interest ?

b.What parameters would be used on the table for the interest ? n(%) ?

2. Using time value of money ( calculator or table), what is the amount of money associated with the bond (do not include the interest)?

3. The following questions pertain to calculating the value of the bond (excluding Interest):

a. What table would you use to calculate the face value of the bond at maturity (excluding interest)?

b.What parameters would be used on the table for the face value of the bond at maturity excluding interest)? n (i%)=

4. Using time value of money ( calculator or table), what is the amount of money associated with the bond (do not include the interest)?

5. Determine the price at which the bonds would sell on January 1, 2018 (this will include the interest and the face value of the bond at maturity .