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Calculate the price of the bond

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Richmond Company issues bonds with a face value of $500,000 that pay 6% interest semiannually and mature in 10 years.Calculate the price of the bond if the market interest rate is 6%.  N (period of time)   I (Interest)   PV (Present Value   FV (Future Value)   PMT (Annuity)   Calculate the price of the bond if the market interest rate is 4%. N (period of time)   I (Interest)   PV (Present Value   FV (Future Value)   PMT (Annuity)   Calculate the price of the bond if the market interest rate is 8%. N (period of time)   I (Interest)   PV (Present Value   FV (Future Value)   PMT (Annuity)   =nx%S


Attachment:- SLA #10 (1)(1).xlsx

Reference no: EM131030246

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