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Bond issue under each of independent assumptions

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Reference no: EM131205813

Complete the below table to calculate the price of a $2.0 million bond issue under each of the following independent assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in whole dollars.):

1. Maturity 15 years, interest paid annually, stated rate 10%, effective (market) rate 12%

2. Maturity 15 years, interest paid semiannually, stated rate 10%, effective (market) rate 12%

3. Maturity 8 years, interest paid semiannually, stated rate 12%, effective (market) rate 10%

4. Maturity 8 years, interest paid semiannually, stated rate 12%, effective (market) rate 10%

5. Maturity 15 years, interest paid semiannually, stated rate 12%, effective (market) rate 12%

Reference no: EM131205813

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