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On March 1, 2011. Catherine purchased $90,000 of Tyson Co.'s 10%, 20-year bonds at face value. Tyson Co. has regulary paid the annual interest due

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On March 1, 2011. Catherine purchased $90,000 of Tyson Co.'s 10%, 20-year bonds at face value. Tyson Co. has regulary paid the annual interest due on the bonds. On March 1, 2016, market terestrates hadnsento 12%, and Catherine is considering selling the bonds use present value tables CTable 6-4 and Table 6-5) (Round your PV factors to 4 decimal places.) Required Calculate the market value of Catherine's bonds on March 1, 2016. (Round your answer to 2 decimal pl aces.) arket value

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