Your investment department has researched possible investments in corporate debt securities$.$ Among the available investments are

the following $$100$ million bond issues, each dated January $1,2024.$ Prices were determined by underwriters at different times during

the last few weeks.

Each of the bond issues matures on December $31,2043,$ and pays interest semiannually on June $30$ and December $31.$ For bonds of

similar risk and maturity, the market yield at January $1,2024,$ is $10\%.$

Required:

Other things being equal, which of the bond issues offers the most attractive investment opportunity if it can be purchased at the

prices stated? The least attractive?

Note: Use tables, Excel, or a financial calculator. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$