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Please help me figure out the formulas for Bond Selling Price. I've tried several times and keep getting it incorrect on the second one. I
Please help me figure out the formulas for Bond Selling Price. I've tried several times and keep getting it incorrect on the second one. I next to enter a formula using the PV formula but I'm getting something wrong.
Fort Cbod On January 1, Ruiz Company isa A1 A 1 On tanaary 1, Ruir Company issued bonds as ow 500,000 2 Face Value s0 Number of Years 4 Stated Interest Rate 5 Interest payments per year 6 Note the bonds pay interest annualy) I Required 1)Gven the diferent market interest rates below, calculate the followin, 10 Cakulate the bond selling price USING THE EXCEL PV FUNCTION (). Note 11ncton arguments es cell references 12 5 a) Market interest Rate Annual Interest Payment Bond Selling Price 36 17 b Market interest Rate Annual interest Payment Bond Selling Price 20 14 35,000 $597 263 46 35003 2 2Use the tscel fonction to anwer either Preiun orDiscouet" 2 2 the 24 he olscou REASHE AllemStep by Step Solution
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