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Problem 15-3 Determining the Approximate Market Value for a Bond (LO15-3] Approximate the market value...

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Problem 15-3 Determining the Approximate Market Value for a Bond (LO15-3] Approximate the market value for the following $1,000 bonds. (Round your answers to 2 decimal places.) Interest Rate When Issued Dollar Amount Interest Rate for of Interest for Comparable the Existing Bonds Issued Bond Today Approximate Market Value 6.10% 5.60% 7.15% 5.40% 6.45% 6.90%

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