[blogan1]

Create a spreadsheet in good format that calculates the following items for the Questionable Company on December 13, 2012.
1. The current value of a $10,000 note with a face rate of interest of 2% when the market rate of interest for similar notes is 8%.
2. The issue price for a $1,000 Bond that pays 8% quarterly and matures in 5 years. The current market rate of interest is 6% for similar bonds.
3. The implicit interest rate if a 10% $100,000, 5 year Note that pays interest semi-annually is issued for $103,956.