A business issued $1,000,000 worth of 10-year bonds in the form of $1,000 units. 8% interest is paid on a quarterly basis. What would the purchase price have to be if an investor wanted to buy $10,000 worth of these bonds at 12% nominal interest (compounded quarterly)?

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Q: On January 1, a company issued 3%, 20-year bonds with a face amount of $80 million for $69,057,776…

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Q: A corporation issues a bond with a par value of $9,000 in one year.  Assume that the bond is sold…

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A: The price of the bond is the value that investors are willing to pay for a bond.

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Q: the selling price have to be?

A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…

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