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The following information relates to bonds issued by three separate companies. Company Issuing Bond Corp A Corp B Corp C Face Value $1,000 $5,000 $25,000
The following information relates to bonds issued by three separate companies.
Company Issuing Bond | Corp A | Corp B | Corp C |
|
Face Value | $1,000 | $5,000 | $25,000 |
|
Stated Rate | 10% | 8% | 8% |
|
Term | 5 years | 8 years | 10 years |
|
Payable | Annual | Semi-annual | Semi-annual |
|
|
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|
|
|
Market Rate | 8% | 10% | 6% |
|
Calculate the value of each of the above Bonds.
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