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Question - Calculate the market price today of a P1,000 bond which has 10 years until maturity and pays quarterly interest at an annual coupon rate of 12 percent. The required return on similar-risk bonds is 20 percent.
a. P835.45
b. P845.66
c. P656.82
d. P2,201.08
The 10% note payable is due on July 1, 20x2 and pays semi-annual interest every July 1 and December 31. How much is the total current liabilities
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If you do show your work, and your answer is wrong, you can still earn a substantial amount of credit depending on how serious the error is.
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