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Home / Questions / If $180,061 of 15-year, 9% bonds are issued and dated on June 1, call for annual interest ...

If $180,061 of 15-year, 9% bonds are issued and dated on June 1, call for annual interest payments on June 1, and yield 8%, their issue price is? Answer to nearest whole dollar without any commas,

If $180,061 of 15-year, 9% bonds are issued and dated on June 1, call for annual interest payments on June 1, and yield 8%, their issue price is? Answer to nearest whole dollar without any commas, decimal points, or words (e.g. 1000 not 1,000.00 or increase 1000). Enter a negative number as -10 not (10).

The present value of $1 due in 30 periods at 4% is .30832. The present value of an annuity ($1 due at the end of each of 30 periods) at 4% is 17.29203.

The present value of $1 due in 15 periods at 8% is .31524.

Jul 26 2021 View more View Less

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