Delight Candy,Inc.is choosing between two bonds in which to invest their cash.One bond is being offered from Hershey's and will mature in 10 years and pays 12% per year,compounded quarterly.The other alternative is a Mars bond that will mature in 20 years and that pays 12% per year,compounded quarterly.What would be the present value of each bond if the discount rate is 10%?

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The Answer of Delight Candy,Inc.is choosing between two bonds in which to invest their cash.One bond is being offered from Hershey's and will mature in 10 years and pays 12% per year,compounded quarterly.The other alternative is a Mars bond that will mature in 20 years and that pays 12% per year,compounded quarterly.What would be the present value of each bond if the discount rate is 10%?