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Please answer #2 only. I need the present value for both (Interest, Principal) Complete the below table to calculate the price of a 1.4 million
Please answer #2 only. I need the present value for both (Interest, Principal)
Complete the below table to calculate the price of a 1.4 million bond issue under each of the following independent assumptions (FV of 1. PV of 1. FVA of 1, PVA of 1. FVAD of 1 and PVAD of 1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars.): Maturity 13 years, interest paid annually, stated rate 8%, effective (market) rate 12% Maturity 13 years, interest paid semiannually, stated rate 8%, effective (market) rate 12%Step by Step Solution
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