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  3. on january 1, quotor, inc. issued a 10-year monthl

On January 1, Quotor, Inc. issued a 10-year monthly bond with a face value of...

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Accounting

On January 1, Quotor, Inc. issued a 10-year monthly bond with a face value of $1,955,000 that pays 6.0% interest. On the date of issue,Victoria deposits $4,500 in a bank account that pays 8.1% interest compounded monthly. In 14 years, how much does she have in this
account?
Time Value of Money (TVM) Framework
What Excel function and arguments to that function would you use to compute this value?
= function( rate , nper, pmt ,[PV],[type])
What is the compounding factor that would be used to compute the growth of the principal after one year? 1.084
the market for similar bonds was 8.0%. How much was Quotor able to raise from issuing this bond?
For numerical entries, please
do NOT enter commas
do NOT enter the dollar symbol: $
DO enter the percent symbol when it is needed: %
enter dollar amounts to the nearest cent, for example: 12345.67
Cash Flow Diagram
Please complete the TVM Framework table to compute the amount that Quotor was able to raise by issuing this bond.
Time Value of Money (TVM) Framework
What Excel function and arguments to that function would you use to compute this value?
=function( rate , nper, pmt ,[FV],[type])
,
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