Messier company is planning to finance several projects and wants you to determine the cash inflows and outflows of the following bonds. (the market interest rate for Messier company is 8 percent.
1) $100,000, 8 percent note, interest payable quarterly, due in eight years.
2) 500,000, 6 percent note, interest payable semiannually, due in 10 years.
3) 250,000, 10 percent not, interest payable semiannually, due in 6 years.