Bonita industries wishes to issue $69 (par value) of its 7%, 10-year bonds. the bonds pay interest annually on january 1. the current yield rate on such bonds is 12%. using the interest factors below, compute the amount that bonita will realize from the sale (issuance) of the bonds.

The amount that Bonita will realize from the sale is  $4,950,673.06  

Explanation:

Hi, first, we need to find the amount to be paid by the bond (coupon), that is 7%*$6,900,000=$483,000. Now, we can use the following formula.

Where:

YTM = 0.12

n = 10

Face Value = $6,900,000

Coupon = $483,000

Price = what Bonita

Therefore:

Best of luck.

this conflict is person vs. society

if you need further explanations, comment below!

hope this ! < 3

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.