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Question 10 (1 point) McAllister Inc sold a 5 year bond 3 years ago with...

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Question 10 (1 point) McAllister Inc sold a 5 year bond 3 years ago with a $30 coupon at par. If the current interest rate demanded by the market is 0.14, what is the present value of the bond today? The bond has a par value of $1,000. Your Answer: Answer Question 11 (1 point) Assume that its trade credit terms are 1/10, net 60 and Mackenzie pays on day 20. Using a 365 day year, what is Mackenzie's Effective Annual Rate (EAR) cost of trade

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