10. Time Value of Money
Using Time Value of Money Tables
10:21 minutes
Open Question
Open QuestionABC Company issues 1,000 bonds with a face value of $1,000 maturing in eight years. The bonds pay 8% interest semi-annually and the current market rate of interest is 12%. What is the total amount of cash received from the bond issuance?
Verified Solution
Video duration:
10mPlay a video:
59
views
1
rank
Was this helpful?
Related Videos
Related Practice
Showing 1 of 6 videos