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QS 10-19A (Algo) Computing bond price C2 Compute the selling price of 10%, 10-year bonds with a par value of $360,000 and semiannual interest payments.

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QS 10-19A (Algo) Computing bond price C2 Compute the selling price of 10%, 10-year bonds with a par value of $360,000 and semiannual interest payments. The annual market rate for these bonds is 12% Use present value Table B.1 and Table B.3 in Appendix 8. (Round all table values to 4 decimal places, and use the rounded table values in calculations.) Table Value Present Value Cash Flow $360,000 par (maturity) value $18,000 interest payment Price of Bond

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