1. Bakels Company issued a $100,000, 20 year bond with a stated interest rate of 6%. Assume interest payments are made annually. What is the selling price of the bond if the market rate of interest is 9%?
2. Askers Company issued a $100,000, 20 year bond with a stated interest rate of 6%. Assume interest payments are made annually. If the market rate of interest is 8%, the bond will sell at
3. Heww Inc., issued a $50,000, 10 year bond with a stated interest rate of 6%. Assume interest payments are made semi-annually. What is the selling price of the bond if the market rate of interest is 5%?
4. Voguard Company issued a $50,000, 10 year bond with a stated interest rate of 6%. Assume interest payments are made semi-annually. If the market rate of interest is 5%, the bond will sell at.