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Please how in excel with functions 3. Using the Excel PV function, determine the proceeds of the bond issuance assuming a 4 percent effective (market)
Please how in excel with functions
3. Using the Excel PV function, determine the proceeds of the bond issuance assuming a 4 percent effective (market) annual interest rate. Use two present value tables to compute the price of the bonds. Show it on the Excel document On January 1, 2018, the Blue Devil Corporation issued $100,000 of ten-year bonds. The bonds carried a stated annual interest rate of 5 percent, with interest payable semiannually on June 30 and December 31Step by Step Solution
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