Valuing Bonds Using present Valuee4A.Use the present value tables in Appendix B to calculate the issue price of a$600,000 bond

Valuing Bonds Using present Valuee4A.Use the present value tables in Appendix B to calculate the issue price of a$600,000 bond issue in each of the following independent cases. Assume interest is paid semiannually.a. A 10-year, 8 percent bond issue; the market interest rate is 10 percent.b. A 10-year, 8 percent bond issue; the market interest rate is 6 percent.c. A 10-year, 10 percent bond issue; the market interest rate is 8 percent.d. A 20-year, 10 percent bond issue; the market interest rate is 12 percent.e. A 20-year, 10 percent bond issue; the market interest rate is 6 percent.

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