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tpx pter 10 Hw 1910.00 points Problem 10-14 Analyzing bond price changes [LO10-3] Katie Pary Fruits Inc has a $2.700. 19-year bond outstanding with a

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tpx pter 10 Hw 1910.00 points Problem 10-14 Analyzing bond price changes [LO10-3] Katie Pary Fruits Inc has a $2.700. 19-year bond outstanding with a nominal yeld of 16 percent (coupon oquis 10% interest rate on similar bonds is now only 12 percent. Use Agpend x B and Appendix D for an approximate S2.700-S32 per year. Asume that he arent market required answer but calculate your final answer using the formula and financial calculator of the value of 4 percent $2,70o (or $108) for 19 years at 12 percent. The $108 is assumed to be an Add this Round your final answer to 2 decimal places. Assume interest payments are annual.) Home Ed

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