Question

Davis & Davis issued a bonus to $ 1,000 par value at $ 102. The bond...

Davis & Davis issued a bonus to $ 1,000 par value at $ 102. The bond pays 12% annual interest and expires at 30 years. The market value performance is (round it to the nearest hundred percent)

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

As nothing was mentioned excel is used. If you need with formula, let me know, will do that also. Thank you.

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