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Determine the present value of 10​-year bonds payable with the face value of $ 90 000...

Determine the present value of 10​-year bonds payable with the face value of $ 90 000 and stated interest rate of 12​%, paid semiannually. The market rate of interest is 12​% at issuance

Requirement 1-When the market rate of interest is 12% annually- FIND PRESENT VALUE

Requirement 2.same bonds payable as in requirement​ 1, but the market interest rate is 16​%.

-When the market rate of interest is 16% annually- FIND PRESENT VALUE

Requirement 3. Same bonds payable as in requirement​ 1, but the market interest rate is10​%.

When market rate of interest is 10% annually- FIND PRESENT VALUE

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