What would you pay for a $100,000 debenture bond that matures in 15 years and pays $10,000

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What would you pay for a $100,000 debenture bond that matures in 15 years and pays $10,000 a year in interest if you wanted to earn a yield of?
(a) 8%?
(b) 10%?
(c) 12%?

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Intermediate Accounting

ISBN: 978-0470587287

14th Edition

Authors: kieso, weygandt and warfield.

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Question Posted: Oct 11, 2011 09:06 AM

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What would you pay for a $100,000 debenture bond that matures in 15 years and pays $10,000

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a 100000 X 31524 3152400 10000 X 8559...View the full answer

Intermediate Accounting

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