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Use the following to answer questions 1 3 ( Round answers to the nearest dollar ) The company issues 1 0 . 0 % ,
Use the following to answer questions Round answers to the nearest dollar The company issues year bonds with a total face amount of $ The market interest rate for bonds of similar risk and maturity is Interest is paid semiannually. DO NOT ROUND YOUR ANSWERS UNTIL YOU FULLY COMPLETE THE PROBLEM SET. $How much will be paid in interest each interest payment? $rounded to nearest dollar What is the present value of the interest payments? $rounded to nearest dollar What is the issue price of the bond?
Use the following to answer questions Round answers to the nearest dollar
The company issues year bonds with a total face amount of $ The market interest rate for bonds of similar risk and maturity is Interest is paid semiannually. DO NOT ROUND YOUR ANSWERS UNTIL YOU FULLY COMPLETE THE PROBLEM SET.
$How much will be paid in interest each interest payment?
$rounded to nearest dollar What is the present value of the interest payments?
$rounded to nearest dollar What is the issue price of the bond?
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