PCU - Corporate Finance (1).pdf x + c File C/Users/acer/Downloads/PCU%20-%20Corporate%20Finance%20(1.pdf To 4 of 78 0 Highlight Erase + O Page view A Read aloud Draw B. Nominal rate must be less than the yield rate. C. Bond purchase price must he lower than the face amount of the hand. D. Stated coupon rate must be more than the required market rate. [12] Gleim #: 7.1.21 A company issued a 15-year. $1,000 par value bond. The coupon rate on this bond is 9% annually, with interest being paid each 6 months. The investor who purchased the bond expects to cuma 12% nominal rate of return. Present Value of an Ordinary Annuity % 15 Periods 30 Periods 45 10.740 16.289 6 9.712 13.765 9 9 8.061 10.274 12 6.811 8.055 Present Value of a Single Amount 15 Periods 30 Periods 0.317 0.267 0.417 0.174 0.275 0.075 0.183 0.033 The cash proceeds received by the company from the investor totaled A. $793.43 B. $19.43 C. $296.00 D. $950.75 1 Type here to search o 30C Mostly cloudy 20 7:00 PM 8/9/2021