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Using your financial calculator, calculate the value of the following bonds: Par Value $1,000 $1,000 $1,000 Coupon Rate 5% 5% 5% Required Rate of Return

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Using your financial calculator, calculate the value of the following bonds: Par Value $1,000 $1,000 $1,000 Coupon Rate 5% 5% 5% Required Rate of Return 5.0% 9.0% 4.0% Years to Maturity 10 10 10 Click on the table icon to view the PVIF table Click on the table icon to view the PVIFA table The value of the bond with a 5.0% required rate of return is $. (Round to the nearest cent.) Data Table - i Data Table Compound Sum of $1 (PVIF) 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 1 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 5 0.906 0.863 0.822 0.784 0.747 0.713 0.681 0.650 0.621 0.593 0.567 10 0.820 0.744 0.676 0.614 0.558 0.508 0.463 0.422 0.386 0.352 0.322 15 0.743 0.642 0.555 0.481 0.417 0.362 0.315 0.275 0.239 0.209 0.183 20 0.673 0.554 0.456 0.377 0.312 0.258 0.215 0.178 0.149 0.124 0.104 25 0.610 0.478 0.375 0.295 0.233 0.184 0.146 0.116 0.092 0.074 0.059 Compound Sum of $1 (PVIFA) n 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 1 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.901 0.893 5 4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 3.696 3.605 10 8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 5.889 5.650 15 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606 7.191 6.811 20 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.129 8.514 7.963 7.469 25 19.523 17.413 15.622 14.094 12.783 11.654 10.675 9.823 9.077 8.422 7.843 Print Done Print Done

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