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solve w work please Question 6 (5 points) Basic Corp issues new bonds at a face value of $39,och each and a bond interest rate

solve w work please

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Question 6 (5 points) Basic Corp issues new bonds at a face value of $39,och each and a bond interest rate of 5% per year payable semiannually. The bonds have a maturity date of 20 years. If the market interest rate 12 is 10% per year, compounded semiannually, what is the present worth of one bond to a person who wants to purchase it and earn the market rate? 15 ( 1) 23,008 O 2) $22,398 3) $22,268 ( 4) 24,450

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