(Bond valuation) Flora Co.'s bonds, maturing in 6 years, pay 9 percent interest on a $1,000...

Question

Question

Answer 1

Answer #1

1.
=1000*9%/14%*(1-1/1.07^12)+1000/1.07^12=801.432842585977

2.
=1000*9%/14%*(1-1/1.14^6)+1000/1.14^6=805.566624172875

Answer 2

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