Ultimate Butter Popcorn issues 5%, 20-year bonds with a face amount...
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Ultimate Butter Popcorn issues 5%, 20-year bonds with a face amount of $46,000. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually At what price will the bonds issue? (FV of S1, PV of S1, EVA of $1. and PVA of $1 (Use appropriate factor(s) from the tables provided. Do not round Interest rate factors. Round "Market Interest rate" to 1 decimal place.) Amount 545.000 Bond Characteristica Face amount Interest payment Market interest Periods to many se price
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