Homework Answers
| Par value | *Price | = | Selling price |
| 380000 | *129 3/8 | 491625 | |
| Cash flow | Table value | Present value | |
| 380000 | *0.4120 | = | 156560 |
| 17100 | 19.6004 | = | 335167 |
| Price of bonds | 491727 | ||
| Difference for the round off | 102 | ||
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