Basics of Engineering Economy 1st Edition by Leland Blank,Anthony Tarquin

تمرين 11

Atari needs $.5 million in new investment capital to develop and market downloadable games software for its new GPS2-ZX system.The plan is to sell $0,000 face-value corporate bonds at a discount of $000 now.A bond pays a dividend each 6 months based on a bond interest rate of 5% per year with the $0,000 face value returned after 20 years.Will a purchase make at least 6% per year compounded semiannually?