Ask Experts Questions for FREE Help!
 

Free Answers in 3 Easy Steps

Register Now
3 Steps
 


Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Finance & Accounting    Ask about another Subject  
 

woti
May 13, 2008, 01:20 PM
a company issued $200,000,- of 10 year bonds on january 1st.
the bonds pay interest on january 1 and july 1 and have a stated rate of 10%
if the market rate of interest at the time bonds are sold is 8%,
what will be the issuance price of the bonds???