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pt 1 pt 2: Exodus Limousine Company has $1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 40 years with
pt 1
pt 2:
Exodus Limousine Company has $1,000 par value bonds outstanding at 8 percent interest. The bonds will mature in 40 years with annual payments. Use Appendix B and Appendix D. Compute the current price of the bonds if the current yield to maturity is: (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answers to 2 decimal places.) Exodus Limousine Company has $1,000 par value bonds outstanding at 10 percent interest. The bonds will mature in 30 years with annual payments. If the current yield to maturity is 15 percent, what percent of the total bond value does the repayment of principal represent? Use Appendix B and Appendix D. (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answer to 2 decimal places.) Principal repayment %Step by Step Solution
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