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Pinder Co . produces and sells high - quality video equipment. To finance its operations, Pinder issued $ 2 5 , 0 0 0 ,
Pinder Co produces and sells highquality video equipment. To finance its operations, Pinder issued $ of year, bonds, with interest payable semiannually, at a market effective interest rate of DATA Face amount of bonds $ Contract rate of interest Term of bonds, years Market rate of interest a Determine the present value of the bonds payable. Using formulas and cell references from the problem data, perform the required analysis. Formulas entered in the green cells show in the orange cells. Transfer amounts to CNOWv for grading. Amount Formula PV of bonds Interest payment Semiannual
Pinder Co produces and sells highquality video equipment. To finance its operations, Pinder issued $ of year, bonds, with interest payable semiannually, at a market effective interest rate of DATA
Face amount of bonds $
Contract rate of interest
Term of bonds, years
Market rate of interest a Determine the present value of the bonds payable.
Using formulas and cell references from the problem data, perform the required analysis. Formulas entered in the green cells show in the orange cells. Transfer amounts to CNOWv for grading.
Amount Formula
PV of bonds
Interest payment Semiannual
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