(a). On January 1, 2017, Ayayai Corporation purchased 345 of the $1,000 face value, 9%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2027, and pay interest annually beginning January 1, 2018. Ayayai purchased the bonds to yield 11%. How much did Ayayai pay for the bonds? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Ayayai must pay for the bonds:

(b). Ayayai Corporation bought a new machine and agreed to pay for it in equal annual installments of $5,550 at the end of each of the next 10 years. Assuming that a prevailing interest rate of 6% applies to this contract, how much should Ayayai record as the cost of the machine? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Cost of the machine to be recorded:

(c). Ayayai Corporation purchased a special tractor on December 31, 2017. The purchase agreement stipulated that Ayayai should pay $20,430 at the time of purchase and $4,800 at the end of each of the next 8 years. The tractor should be recorded on December 31, 2017, at what amount, assuming an appropriate interest rate of 12%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Cost of tractor to be recorded: (d). Ayayai Corporation wants to withdraw $117,450 (including principal) from an investment fund at the end of each year for 9 years. What should be the required initial investment at the beginning of the first year if the fund earns 11%? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Required initial investment: