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What would you pay for a $170,000 debenture bond that matures in 15 years and...

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Accounting

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What would you pay for a $170,000 debenture bond that matures in 15 years and pays $8,500 a year in interest if you wanted to earn a yield of: Click here to view factor tables. (a) 3% ? (Round factor values to 5 decimal places, e.8. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Amount to Pay eTextbook and Media Attempts: 0 of 5 used (b) 4% : (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Amount to Pay $ 5% ? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Amount to Pay

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