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Homework answers / question archive / What would you pay for a $185,000 debenture bond that matures in 15 years and pays $9,250 a year in interest if you wanted to earn a yield of:   Click here to view factor tables

What would you pay for a $185,000 debenture bond that matures in 15 years and pays $9,250 a year in interest if you wanted to earn a yield of:   Click here to view factor tables

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What would you pay for a $185,000 debenture bond that matures in 15 years and pays $9,250 a year in interest if you wanted to earn a yield of:

 

Click here to view factor tables.

 

 

 

Collapse question part

(a)

3%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

 

Amount to Pay

$enter a dollar amount to pay rounded to 0 decimal places

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Computation of Amount to Pay:

Amount to Pay =(PVA 3%,15*Interest)+(PVF 3%,15* Face value)

    =(11.9379*$9,250)+(0.6419*$185,000)

       = $110,425.90 + $118,744.46

 Amount to Pay = $229,170.36