Solved: What is the market value of 10 bonds sold on bond issue, Financial Accounting

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What is the market value of 10 bonds sold on bond issue

What is the market value of 10% bonds sold on bond issue date; 10 yr life; interest payable semiannually; effective rate,12% ?

What formulas do I use ? PV = FV x IF with my present value of a single payment table in my book ?

PV = SA x IF with the present value of an ordinary annuity table in my book?

I forget what SA & IF stand for; and since the interest is semiannually do I split the rate & years ?

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Financial Accounting: What is the market value of 10 bonds sold on bond issue

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Financial Accounting: What is the market value of 10 bonds sold on bond issue

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