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Questiph 3.3. {TED H] Simpsen Inc. purchased 5. $11,904:], 11% bends ef Hilisdale Cerperatienwhen the market rate of interest was 10%. Interest is paid semiannualiv

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Questiph 3.3. {TED H] Simpsen Inc. purchased 5. $11,904:], 11% bends ef Hilisdale Cerperatienwhen the market rate of interest was 10%. Interest is paid semiannualiv en the trends, and the bends mature in 4 years. Instructions: Compute the total price pair.i by Simpseh Int. fer the bends shewirig veur caleulatieh fer the present value at the principal and the present value at the interest payments. Present value mhles {Exhibit 314 and Exhibit 315} are available en pages 452 and 453 of yeur Harriseh. Herngren, and Thomas textheek. NOTE: Be sure you revielr.I the Pi! Tables epmpletely te l'l-im 1J'll Finn-I I-I'Iln inrm-Ire!- nnrian ne-I in'l-nrnr-i- r-ul'n 'Fnr +l-Ln F'Vlflll-L'l'il'h IDninl-r- . \"m'r

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