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7 3 points The following information pertains to Camp Corps issuance of bonds on July 1: Face amount $8000 Term 10 years Stated interest rate
7 3 points The following information pertains to Camp Corps issuance of bonds on July 1: Face amount $8000 Term 10 years Stated interest rate Interest payment dates Annually on July 1 Yield (discount rate) 99 Issue costs $50 6% At 6% At 9% Present value of 1 for 10 periods 0.558 0.422 Present value of ordinary annuity of 1 for 10 periods 7.360 6418 How much did Camp Corp. receive as issue proceeds? (Round to the nearest whole dollar) Type your
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