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3 saved Part 1 of 3 10 points eBook Required information [The following information applies to the questions displayed below.] On January 1, 2021,

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3 saved Part 1 of 3 10 points eBook Required information [The following information applies to the questions displayed below.] On January 1, 2021, Wild Rapids Water Park issues $39.5 million of 8% bonds to finance expansion. The bonds are due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Required: 1-a. If the market rate is 7%, calculate the issue price. (EV of $1, PV of $1, EVA of $1. and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round "Market interest rate" to 1 decimal place. Round your final answers to the nearest whole dollar.) 10 10 Bond Characteristics Amount Face amount $ 39,500,000 Print Interest payment Periods to maturity References Market interest rate Issud price 1-b. The bonds will issue at A Discount A Premium Face amount + Part 2 of 3 10 points eBook Required information [The following information applies to the questions displayed below.) On January 1, 2021, Wild Rapids Water Park issues $39.5 million of 8% bonds to finance expansion. The bonds are due In 15 years, with interest payable semiannually on June 30 and December 31 each year. 2-a. If the market rate is 8%, calculate the issue price. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round "Market interest rate" to 1 decimal place. Round your final answers to the nearest whole dollar.) Amount Bond Characteristics Hint Face amount $ 39,500,000 Interest payment Pri Periods to maturity Market interest rate Issue price References 2-b. The bonds will issue at A Discount A Premium Face amount 5 Part 3 of 3 10 points Book Required information [The following information applies to the questions displayed below] On January 1, 2021, Wild Rapids Water Park issues $39.5 million of 8% bonds to finance expansion. The bonds are due in 15 years, with Interest payable semiannually on June 30 and December 31 each year. 3-a. If the market rate is 9%, calculate the issue price. (EV of $1, PV of $1, EVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round "Market interest rate" to 1 decimal place. Round your final answers to the nearest whole dollar.) H Prim 0 0 C Bond Characteristics Face amount $ Amount 39,500,000 Interest payment Periods to maturity References Market interest rate lesue price 3-b. The bonds will issue at A Discount A Premium Face amount

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