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Same format for 3,4,5 3. Maturity 8 years, interest paid semiannually, stated rate 12%, effective (market) rate 10% 4. Maturity 8 years, interest paid semiannually,

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Same format for 3,4,5

3. Maturity 8 years, interest paid semiannually, stated rate 12%, effective (market) rate 10%

4. Maturity 8 years, interest paid semiannually, stated rate 12%, effective (market) rate 10%

5. Maturity 15 years, interest paid semiannually, stated rate 12%, effective (market) rate 12%
Complete the below table to calculate the price of a $1.8 million bond issue under each of the following independent assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars.): 1. Maturity 15 years, interest paid annually, stated rate 10%, effective (market) rate 12% Table values are based on: n= Cash Flow Interest Principal Amount Present Value Price of bonds 2. Maturity 15 years, interest paid semiannually, stated rate 10%, effective (market) rate 12% Table values are based on: n= Cash Flow Interest Principal Amount Present Value Price of bonds

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