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The Wild Rose Company has $1,000 par value (maturity value) bonds outstanding at 10 percent interest. The bonds will mature in 17 years with annual
The Wild Rose Company has $1,000 par value (maturity value) bonds outstanding at 10 percent interest. The bonds will mature in 17 years with annual payments. Use Appendix B and Appendix D. Compute the current price of the bonds if the present yield to maturity is: (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answers to 2 decimal places.) Price of the bond a. 7 percent $ b. 9 percent $ c. 13 percent $
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