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OZ COMPANY Bond issue face value, 1/1/Year 1 Bond price per $100 of face value Term to maturity (years) Bond annual interest rate Land purchase

OZ COMPANY Bond issue face value, 1/1/Year 1 Bond price per $100 of face value Term to maturity (years) Bond annual interest rate Land purchase with bond proceeds Land lease income per year Land sale, 1/1/Year 4 Redemption of bonds per $100 $ $ 555 $ $ 500,000 96 20 8% ? 60,000 500,000 98

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