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Selling bonds. Berkman Investment Bank has the following bond deals under way: Determine the net proceeds of each bond and the cost of the bonds

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Selling bonds. Berkman Investment Bank has the following bond deals under way: Determine the net proceeds of each bond and the cost of the bonds for each company in terms of yield. The bond yield in the table is the market yield before the bank charges its commission. Assume all bonds are semiannual and issued at a par value of $1,000. For Rawlings, the market price of the bond is $ (Round to the nearest cent.) Data table Click on the following Icon in order to paste this table's content into a spreadsheet Company Bond Yield Commission Coupon Rate Rawlings 6.8% 2.1% of sale price 0.0% Wilson 7.6% 2.7% of sale price 8.7% Louis Sluggers 7.4% 1.8% of sale price 9.1% Spalding 8.2% 3.9% of sale price 7.2% Champions 8.3% 3.4% of sale price 6.7% Maturity 20 years 20 years 10 years 20 years 30 years

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