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TB Problem 5-97 (Algo) Determine the price of a $201,000 bond issue under each of the following independent assumptions: (FV of $1, PV of $1,
TB Problem 5-97 (Algo) Determine the price of a $201,000 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. Round your final answer to the nearest whole dollar.) Effective Rate Price Maturity Interest Paid annually Stated Rate 10% 1. 10 years 12% 2. 14% 10 years semiannually 12% 3. 20 years semiannually 14% 14%
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