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please help as soon as possible, due in 50 mins. Luna Crow Corporation issued bonds 10 years ago at $1,000 per bond. The bonds had

please help as soon as possible, due in 50 mins. image text in transcribed
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Luna Crow Corporation issued bonds 10 years ago at $1,000 per bond. The bonds had a 30 -year life when issued, with semiannual payments at the then annual rate of 14 percent. This return was in line with the required returns by bondholders at that point, as described below: Assume that today the inflation premium is only 1 percent and is appropriately reflected in the required return for yleld to maturity) of the bonds. Compute the new price of the bond. (Use o Finoncial calculoter/Excel to arrive at the answers. Do not round intermediate calculotions. Round the final answer to 2 decimal ploces.) New price of the bond Lucas Luoma borrowed $29,000 to start a new business. The lender has agreed to a grace period and will catry the debt for eight years at 9 percent interest with no payments required (the loan will still accrue interest) Once the grace period has explited, Lucas will pay off the loan over the next 16 years at 12 percent interest. What will his annual payment be? (Use a Financial calculator/Excel to arrive at the answer. Do not round intermediate calculations. Round the final answer to nearest whole dollar.) Annual payment

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