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These are the numbers I got, but I was wrong, please help! Save Homework: HW Mod 5 Ch 9 Score: 0 of 1 pt E9-41
These are the numbers I got, but I was wrong, please help!
Save Homework: HW Mod 5 Ch 9 Score: 0 of 1 pt E9-41 (book/static) ( 2 of 4 (1 complete) HW Score: 25%, 1 of 4 pts Question Help On December 31, 20x1, Hartley Company issued a 3-year $10,000 bond that promises an interest rate of 12%, payable 6% semiannually. (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of Ordinary Annuity of $1 table.) Requirement 1. Compute the discounted present value of the principal and the interest as of December 31, 20X1. If the market rate of interest for such securities is 12%, 14%, and 10%, respectively. Show your computations, including a sketch of cash flows. Round to the nearest dollar. Begin by computing the discounted present value of the principal and the interest as of December 31, 20X1, if the market rate of interest for such securities is 12%. (Enter factors to four decimal places, .XXXX and round your answers to the nearest dollar. Leave unused cells blank. Do not enter "O".) Present Total 0 1 Sketch of Cash Flows by Period 2 3 4 5 6 Value Present Factor Value Valuation at 12% per year, or 6% per half-year Principal, 6-Period line 0 .7050 7050 C Interest, 6-Period line 4.1973 10000 Total C N C 600 C 600 C 600 C 600 10000 600 600 Enter any number in the edit fields and then click CheckStep by Step Solution
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