Just helping my daughter with just this one extra credit question? You dont have to give the answer but just throw us something so we can proceed.
On March 1, 2011, Catherine purchased $60,000 of Tyson Co.'s 6%, 17-year bonds at face value. Tyson Co. has regularly paid the annual interest due on the bonds. On March 1, 2016, market interest rates had risen to 10%, and Catherine is considering selling the bonds. Use present value tables
On March 1, 2011, Catherine purchased $60,000 of Tyson Co.'s 6%, 17-year bonds at face value. Tyson Co. has regularly paid the annual interest due on the bonds. On March 1, 2016, market interest rates had risen to 10%, and Catherine is considering selling the bonds. Use present value tables