Question
What would you pay for a $180,000 debenture bond that matures in 15 years and pays $9,000 a year in interest if you wanted to
What would you pay for a $180,000 debenture bond that matures in 15 years and pays $9,000 a year in interest if you wanted to earn a yield of: Click here to view factor tables. (a) Correct answer iconYour answer is correct. 2%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Amount to Pay $enter a dollar amount to pay rounded to 0 decimal places 249381 eTextbook and Media Attempts: 1 of 3 used Question Part Score1/1 (b) 3%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Amount to Pay
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