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430 points * P10-4 (Algo) Computing Issue Prices of Bonds Sold at Par, at a Discount, and at a Premium LO 10-2, 10- 4,10-5

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430 points * P10-4 (Algo) Computing Issue Prices of Bonds Sold at Par, at a Discount, and at a Premium LO 10-2, 10- 4,10-5 Rosh Corporation is planning to issue bonds with a face value of $840,000 and a coupon rate of 6 percent. The bonds mature in four years and pay interest semiannually every June 30 and December 31. All of the bonds will be sold on January 1 of this year (EV.at $1 PV of $1, EVA of 3 and PVA of 3) (Use the appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Required: Compute the issue (sales) price on January 1 of this year for each of the following independent cases a. Case A: Market interest rate: 6 percent 800.505 b. Case B Market interest rate: 4 percent c. Case C Market interest rate: 8 percent aue prior S 840,000 430 points * P10-4 (Algo) Computing Issue Prices of Bonds Sold at Par, at a Discount, and at a Premium LO 10-2, 10- 4,10-5 Rosh Corporation is planning to issue bonds with a face value of $840,000 and a coupon rate of 6 percent. The bonds mature in four years and pay interest semiannually every June 30 and December 31. All of the bonds will be sold on January 1 of this year (EV.at $1 PV of $1, EVA of 3 and PVA of 3) (Use the appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Required: Compute the issue (sales) price on January 1 of this year for each of the following independent cases a. Case A: Market interest rate: 6 percent 800.505 b. Case B Market interest rate: 4 percent c. Case C Market interest rate: 8 percent aue prior S 840,000

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