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What is the aswers for this two exercise? Thanks Question 19 0 out of 303 points The market price of a $500,000 ten year, 12%

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What is the aswers for this two exercise? Thanks
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Question 19 0 out of 303 points The market price of a $500,000 ten year, 12% (pays interest semiannually) bond issue sold to yield an effective rate of 10% is Answers $561,445 $562 311 $566,635 $936,180 Question 20 0 out of 503 points John won a lottery that will pay him $150,000 at the end of each of the next twenty years. Assuming an appropriate interest rate is 8% compounded annually, what is the present value of this amount? Answers $1,590,540. $32,183 $1,472,723 S6 864 294

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