Problem $10-11($calculator version$)$

The Vinny Cartier Company issued bonds at $$1,000$ per bond. The bonds had a $30-$year life when issued, with semiannual payments at the then annual rate of $13$ percent. This return was in line with required returns by bondholders at that point, as described below:

$\backslash$table$[[$Real rate of return,$2\%$