{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-28T21:00:09-04:00", "answer_date": "2024-05-28 21:00:09", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1857611", "url": "\/study-help\/questions\/question-2-on-january-1-2021-a-company-issued-the-1857611", "question_creation_date_js": "2024-05-28T21:00:09-04:00", "question_creation_date": "May 28, 2024 09:00 PM", "meta_title": "[Solved] Question 2 On January 1, 2021 a Company i | SolutionInn", "meta_description": "Answer of - Question 2 On January 1, 2021 a Company issued the following Bonds: Face amount Number of years Stated interest rate $ | SolutionInn", "meta_keywords": "question,2,january,1,2021,company,issued,bonds,face,amount,number,years", "question_title_h1": " Question 2 On January 1, 2021 a Company issued the following Bonds: Face amount Number of years Stated interest rate $500,000 15 8% The", "question_title": " Question 2 On January 1, 2021 a Company issued the following", "question_title_for_js_snippet": "Question 2 On January 1, 2021 a Company issued the following Bonds Face amount Number of years Stated interest rate $500,000 15 8 The bonds pay interest semi annually Part 1 Using the PV function and assuming the annual market interest rate is 6 determine the price of the bonds issued on January 1, 2021 Number of interest periods 2 points Semi annual interest payment 2 points Face amount (Future Value) 2 points Market interest rate per semi annual period 2 points Price of bonds (Present Value) (Use PV Fx function) 2 points Price of bond as an absolute amount 2 points", "question_description": "\"image", "transcribed_text": "Question 2 On January 1, 2021 a Company issued the following Bonds: Face amount Number of years Stated interest rate $500,000 15 8% The bonds pay interest semi-annually. Part 1 Using the PV function and assuming the annual market interest rate is 6%determine the price of the bonds issued on January 1, 2021. Number of interest periods 2 points Semi-annual interest payment 2 points Face amount (Future Value) 2 points Market interest rate per semi-annual period 2 points Price of bonds (Present Value) (Use PV Fx function) 2 points Price of bond as an absolute amount 2 points", "related_book": { "title": "Financial And Managerial Accounting", "isbn": "1337119202, 978-1337119207", "edition": "14th Edition", "authors": "Carl S. Warren, James M. Reeve, Jonathan Duchac", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/64634277d1690_1244.jpg", "uri": "\/textbooks\/financial-and-managerial-accounting-14th-edition-1244", "see_more_uri": "" }, "free_related_book": { "isbn": "3642270778", "uri": "\/textbooks\/autonomous-systems-developments-and-trends-1st-edition-978-3642270772-229773", "name": "Autonomous Systems Developments And Trends", "edition": "1st Edition" }, "question_posted": "2024-05-28 21:00:09", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-September-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/a-hollowfiber-membrane-device-is-operated-to-concentrate-a-bacterial-341511", "description": "A hollow-fiber membrane device is operated to concentrate a bacterial suspension. The flow rate of cell suspension into the fibers is 350 kg\/min. 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