Present Value of $1 Periods 1.0% 2.0% 3.0% 3.75% 4.0% 4.25% 5.0% 1 0.99010 0.98039 0.97087 0.96386 0.96154 0.95923 0.95238 2 0.98030 0.96117 0.94260 0.92902 0.92456 0.92013 0.90703 0.97059 0.94232...


A Corporation has a 6%, $500,000 bond issue that originally was issued 5 years ago.  There are now eight years remaining on the bond issue, and the market interest rate is 10%.  Interest is paid semiannually.  Calculate the current market value of the bond issue,usingpresent value tables.


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Present Value of $1<br>Periods<br>1.0%<br>2.0%<br>3.0%<br>3.75%<br>4.0%<br>4.25%<br>5.0%<br>1<br>0.99010<br>0.98039<br>0.97087<br>0.96386<br>0.96154<br>0.95923<br>0.95238<br>2<br>0.98030<br>0.96117<br>0.94260<br>0.92902<br>0.92456<br>0.92013<br>0.90703<br>0.97059<br>0.94232<br>0.91514<br>0.89544<br>0.88900<br>0.88262<br>0.86384<br>4<br>0.96098<br>0.92385<br>0.88849<br>0.86307<br>0.85480<br>0.84663<br>0.82270<br>0.95147<br>0.90573<br>0.86261<br>0.83188<br>0.82193<br>0.81212<br>0.78353<br>6.<br>0.94205<br>0.88797<br>0.83748<br>0.80181<br>0.79031<br>0.77901<br>0.74622<br>7<br>0.93272<br>0.87056<br>0.81309<br>0.77283<br>0.75992<br>0.74725<br>0.71068<br>8<br>0.92348<br>0.85349<br>0.78941<br>0.74490<br>0.73069<br>0.71679<br>0.67684<br>9.<br>0.91434<br>0.83676<br>0.76642<br>0.71797<br>0.70259<br>0.68757<br>0.64461<br>10<br>0.90529<br>0.82035<br>0.74409<br>0.69202<br>0.67556<br>0.65954<br>0.61391<br>

Extracted text: Present Value of $1 Periods 1.0% 2.0% 3.0% 3.75% 4.0% 4.25% 5.0% 1 0.99010 0.98039 0.97087 0.96386 0.96154 0.95923 0.95238 2 0.98030 0.96117 0.94260 0.92902 0.92456 0.92013 0.90703 0.97059 0.94232 0.91514 0.89544 0.88900 0.88262 0.86384 4 0.96098 0.92385 0.88849 0.86307 0.85480 0.84663 0.82270 0.95147 0.90573 0.86261 0.83188 0.82193 0.81212 0.78353 6. 0.94205 0.88797 0.83748 0.80181 0.79031 0.77901 0.74622 7 0.93272 0.87056 0.81309 0.77283 0.75992 0.74725 0.71068 8 0.92348 0.85349 0.78941 0.74490 0.73069 0.71679 0.67684 9. 0.91434 0.83676 0.76642 0.71797 0.70259 0.68757 0.64461 10 0.90529 0.82035 0.74409 0.69202 0.67556 0.65954 0.61391
Present Value of Annuity of $1<br>Periods<br>1.0%<br>2.0%<br>3.0%<br>3.75%<br>4.0%<br>4.25%<br>5.0%<br>1<br>0.99010<br>0.98039<br>0.97087<br>0.96386<br>0.96154<br>0.95923<br>0.95238<br>2<br>1.97040<br>1.94156<br>1.91347<br>1.89287<br>1.88609<br>1.87936<br>1.85941<br>3<br>2.94099<br>2.88388<br>2.82861<br>2.78831<br>2.77509<br>2.76198<br>2.72325<br>4<br>3.90197<br>3.80773<br>3.71710<br>3.65138<br>3.62990<br>3.60861<br>3.54595<br>4.85343<br>4.71346<br>4.57971<br>4.48326<br>4.45182<br>4.42073<br>4.32948<br>5.79548<br>5.60143<br>5.41719<br>5.28507<br>5.24214<br>5.19974<br>5.07569<br>7<br>6.72819<br>6.47199<br>6.23028<br>6.05790<br>6.00205<br>5.94699<br>5.78637<br>8<br>7.65168<br>7.32548<br>7.01969<br>6.80280<br>6.73274<br>6.66378<br>6.46321<br>9.<br>8.56602<br>8.16224<br>7.78611<br>7.52077<br>7.43533<br>7.35135<br>7.10782<br>10<br>9.47130<br>8.98259<br>8.53020<br>8.21279<br>8.11090<br>8.01089<br>7.72173<br>

Extracted text: Present Value of Annuity of $1 Periods 1.0% 2.0% 3.0% 3.75% 4.0% 4.25% 5.0% 1 0.99010 0.98039 0.97087 0.96386 0.96154 0.95923 0.95238 2 1.97040 1.94156 1.91347 1.89287 1.88609 1.87936 1.85941 3 2.94099 2.88388 2.82861 2.78831 2.77509 2.76198 2.72325 4 3.90197 3.80773 3.71710 3.65138 3.62990 3.60861 3.54595 4.85343 4.71346 4.57971 4.48326 4.45182 4.42073 4.32948 5.79548 5.60143 5.41719 5.28507 5.24214 5.19974 5.07569 7 6.72819 6.47199 6.23028 6.05790 6.00205 5.94699 5.78637 8 7.65168 7.32548 7.01969 6.80280 6.73274 6.66378 6.46321 9. 8.56602 8.16224 7.78611 7.52077 7.43533 7.35135 7.10782 10 9.47130 8.98259 8.53020 8.21279 8.11090 8.01089 7.72173
Jun 04, 2022
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