Please help me figure out the market price on this problem. Styx Corporation is issuing $250,000of8%, 5-year

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Please help me figure out the market price on this problem.

Styx Corporation is issuing $250,000of8%, 5-year bonds when potential bond investors want a return of10%. Interest is payable semiannually. Compute the market price (present value) of the bonds.(Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to 0 decimal places e.g. $12,520.)

Posted Date: Jun 15, 2024 03:40 PM

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Please help me figure out the market price on this problem. Styx Corporation is issuing $250,000of8%, 5-year

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