Business, 20.12.2019 04:31 alechiathomas

The following information pertains to fox corp.'s issuance of bonds on july 1, 20x8:
face amount $800,000
term 10 years
stated interest rate 9%
interest payment dates annually on july 1
yield 6%
at 6% at 9%
present value of 1 for 10 periods 0.558 0.422
future value of 1 for 10 periods 1.791 2.367
present value of ordinary annuity
of 1 for 10 periods 7.360 6.418
what should be the issue price for this bond?
a. $700.
b. $807.
c. $864.
d. $1,000.

Answers: 2

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The following information pertains to fox corp.'s issuance of bonds on july 1, 20x8:
face am...