- Compute the selling price of 8%, 10-year bonds with a par value of...
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Accounting
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Compute the selling price of 8%, 10-year bonds with a par value of $250,000 and semiannual interest payments. The annual market rate for these bonds is 10%. Use present value Table B.1 and Table B.3 in Appendix B. (Round all table values to 4 decimal places, and use the rounded table values in calculations.) Cash Flow Table Value Present Value 12.4622 $250,000 par (maturity) value $10,000 interest payment Price of Bond 0.3769
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