T h Question 9 of 15 Check My Work (3 remaining) SEE eBook Problem 7-19 A corporation issues a debt instrument such as a bond that promises to pay you annually $80 for four years and $1,000 after four years. What is the maximum amount you would pay for this debt instrument if you wanted to earn 7 percent? Use Appendix B and Appendix D to answer the question. Round your answer to the nearest dollar Interest Factors for the Present Value of One Dollar Period 990 80 971 962 98 90 96193 95 90 9114295899 96 924 EP9 85 951 906863 82278 13 95 B3083- TB1 _14 926 17 692 81 80 g 857 9 56 43 65 658 64 5708 636 592 52 552 .68] 650 476 V6 87 833 - 06 718 610 60 59 524 56 48 3 373 437 402 2 91 2 6 ) 713 335 29 1TB 139 1914 12345678sg =QBb bpbws *www, 25 222 179 1144 116 094 108 1085 % 1.8% ww 2 .0 92 888 838 790 746 05 66 630 996 1933 871 813760 11 665 623 1.583 547 923 6 EZ1582 1540 502 | 6 92 54 500 460 1905 820 44 676 614 558 | 508 463 422 804 22 650 58552) 475429 388 887 11 356 1.879 870 TEL 617 505 86] (48) | 25 853 22 23 54 68 0 202 252 244 14 0.33 35 20 231 00 87 3. 65 30 | 220 62 4 56 377 75 780 610 478 375 295 23 184 30 72 2 2 308 231 174 131 09 05 066 040 03: 299 049 | 08. 065 A36 04:00 5038 1060 43 031 07 06] 037026 014 057 031 020 019 012 007 000 Interest Factors for the Present Value of an Annuity of One Dollar Time Period rear) 1 2 % 3% 4% 5% 6% 3% 9% 10% 12% 14% 16% 18% 20% 24% 28% 32% 25% 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.862 0.847 0.833 0.806 0.781 0.758 0.735 2 1.970 1.942 1913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 1.690 1.647 1.605 1.566 1.528 1.457 1.392 1.332 1.276 3 2.941 2.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 2.402 2.322 2.246 2.174 2.106 1.981 1.868 1.766 1.674 4 3902 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 3.037 2.914 2.798 2.690 2.589 2.404 2.241 2.096 1966 5 4.853 4.713 4.580 4.452 4.329 4.212 4.100 3993 3.890 3.791 3.605 3.433 3.274 3.127 2.991 2.745 2.532 2.345 2.181 6 7 8 9 10 5.795 5.601 5.417 5.242 5.076 4.917 4.766 4.623 4.486 4.355 4.111 3.889 3.685 3.498 3.326 3.020 2.759 2.534 2.399 6.728 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 4.564 4.288 4.039 3.812 3.605 3.242 2.937 2.678 2.455 7.652 7.325 7020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 4.968 4.639 4.344 4.078 3.837 3.4213.076 2.786 2.540 8.566 8.1627.786 7.435 7108 6.802 6.515 6.247 5.985 5.759 5.328 4.946 4.607 4.303 4,031 3.566 3.184 2.868 2,603 9.471 8.983 8.530 8.111 7722 7.360 7.024 6.710 6.418 6.145 5.650 5.216 4.833 4.494 4.193 3.682 3.269 2.930 2.650 11 12 13 14 15 10.368 9.787 9.253 8.760 8.306 7887 7.499 7.139 6.805 6.495 5.988 5.453 5.029 4.656 4.327 11.255 10.575 9.954 9.385 8.863 8.384 79437536 7151 6.814 6.194 5.660 5.197 4.793 4.439 2.134 11 348 10 635 9986 9.394 8.5348 358 7904 7487 7103 6.424 5 8425 242 4910 4.532 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.628 6.002 5.468 5008 4.611 13.865 12 849 11.938 11.118 10.3809712 9.108 8.559 8.060 7.606 6.811 6.142 5575 5.092 4.675 3.776 3.335 2.978 2.683 3.851 3.387 3.013 2.708 2.912 2427 2040 2.727 3.962 3.459 2061 2.740 4.001 3.483 3.076 2.750 16 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.312 7.824 5.974 6.265 5.669 5.1624.730 4003 3.5033.088 2.758 17 15.562 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.00271206.373 5.749 5.222 4.7754059 3.518 3.097 2.763 18 16 14 992 12.754 12659 11 690 10 828 10 059 9.372 3.756 8.2017.250 6.467 5.818 5.273 48124 ORO 359 3104 2767 19 17226 15 578 14 34 12 134 12 05 11 158 10336 9604 8.950 8365 366 6.550 5877 5216 4844409735201092 770 2018.046 16 351 14.877 13 590 12.452 11.470 10.594 9.818 9.128 8.514 7.469 6.623 5929 5.353 4.870 4.110 35463.113 2.772 25 22.023 1952 17413 15 622 14094 12.782 11654 10 675 9.823 90777843 6873 6097 5.467 498 4.147 35643.122 2.776 30 25.808 22937 19.600 17.292 15373 13765 12.409 11.258 10.274 9.427 8.055 7003 6.177 5517 4.9794.160 3.560 1.124 2.778