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a company issued 7%, 20-year bonds with a face amount of $72 million. the market yield for bonds of similar risk and maturity is 7%. interest is paid semiannually. at what price did the bonds sell? (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (enter your answers in whole dollars. round final answers to the nearest whole dollar.)

1 Answer

7 votes
it’s 627377364 because 63636464
User MatthiasLaug
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