Applying Time Value of Money Concepts Complete the missing information in the table below. Assume...
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Accounting
Applying Time Value of Money Concepts
Complete the missing information in the table below. Assume that all bonds pay interest semiannually. Do not use negative signs with answers. Round percentages to one decimal place (ex. 0.0345 = 3.5%). Round all other values to the nearest whole number.?
Annual
Years to
Coupon
Issue
Yield
Maturity
Rate
Face value
Proceeds
Firm 1
8.00%
15
7.00%
$550,000
$_______
Firm 2
3.00%
10
0.00%
$______
$593,976
Firm 3
6.50%
_____
5.00%
$500,000
$449,498
Firm 4
____%
12
3.50%
$1,000,000
$1,070,927
Firm 5
0.80%
20
2.00%
$650,000
$______
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