5 years ago you purchased 7 corporate bond sthat each pay 4.30% annual interest. Each bond have a fave value of $1,000. How much interest do you earn on the 7 bonds each year?

What is the present value (rounded to nearest dollar) of a series of bond interest payments of $2,000 each paid semiannually for 4 years when the annual interest rate is 8%? $6,624 $11,465 $13,465 $16,000

A Corporation has a 6%, $500,000 bond issue that originally was issued 5 years ago.  There are now eight years remaining on the bond issue, and the market interest rate is 10%.  Interest is paid semiannually.  Calculate the current market value of the bond issue, using present value tables.  Please label all work.

Suppose a State of North Carolina bond will pay $1,000 ten years from now. If the going interest rate on these 10-year bonds is 5.5%, how much is the bond worth today? $585.43 $614.70 $645.44 $677.71 $711.59

11. Jared wants to invest money in a 6% savings account that compounds semiannually. Jared would like the account to have a balance of $110,000 2-years from now. How much must Jared deposit to accomplish his goal?   12. Pathfinder issues a bond with a coupon rate of 9%, face amount of $50,000, and is due in 5 years. Interest payments are made semi-annually. The effective rate for this type of bond is 10%. What is the issue price of the bond? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Marty Corp is issuing a perpetual bond today that will pay $100 per year starting in 3 years.  If the cost of capital is 5%, what is the value of this bond today?  Choose the closest. a) $2,000 b) $2,124 c) $1,997 d) $1,814