Alenza, Inc. plans to issue a 15-year semiannual bond with a face value of $645,000 paying 12%. On the date of issue, it expects the market rate for similar bonds will be 12%. Under these conditions, Alenza would like to know how much this issuance would raise. What framework will you use to solve this problem? Cost-Volume-Profit (CVP) Counting - Permutation or Combination Time Value of Money (TVM) Binomial Probability - B(n. p) Normal or Standard Normal Distribution Complete the table below. For the amounts (PV, PMT, & FV) please enter the number only with no dollar sign or commas. Do not forget to include percent signs, where appropriate. TVM Data Table cly n PV PMT 1 FV 645,000 12% 15 30 6 (UNGRADED) Before you perform any computation: Based on the relationship between the two given interest rates, do you think this bond will be issued at O a premium par a discount Which type of annuity should you use for this problem? ordinary annuity annuity due What is the value of the annuity factor that is used to value the cash flows of the interest payments? What is the value of the discount factor, DF(, that is used to discount the maturity value? How much does Alenza raise from this issue? $ You may ignore transaction costs. (round to cents two decimal places (UNGRADED On your own] Were you correct about whether the bond was issued at a premium, discount, or at par? nVi 5 10 15 20 25 30 40 50 60 Present Value of 1 1% 2% 3% 4% 6% 8% 12% 24% 0.95147 0.90573 0.86261 0.82193 0.74726 0.68058 0.56743 0.34111 0.90529 0.82035 0.74409 0.67556 0.55839 0.46319 0.32197 0.11635 0.86135 0.74301 0.64186 0.55526 0.41727 0.31524 0.18270 0.039689 0.81954 0.67297 0.55368 0.45639 0.31180 0.21455 0.10367 0.013538 0.77977 0.60953 0.47761 0.37512 0.23300 0.14602 0.058823 0.0046180 0.74192 0.55207 0.41199 0.30832 0.17411 0.099377 0.033378 0.0015752 0.67165 0.45289 0.30656 0.20829 0.097222 0.046031 0.010747 0.00018329 0.60804 0.137153 0.22811 0.14071 0.054288 0.021321 0.0034602 0.000021326 0.55045 0.30478 0.16973 0.095060 0.030314 0.0098759 0.00111410.0000024814 2% nu 5 10 15 20 25 30 40 50 Present Value of an Ordinary Annuity of 1 1% 3% 4% 6% 8% 12% 24% 4.85343 4.71346 4.57971 4.45182 4.21236 3.99271 3.60478 2.74538 9.47130 8.98259 8.53020 8.1109 7.36009 6.71008 5.65022 3.68186 13.86505 12.84926 11.93794 11.11839 9.71225 8.55948 6.81086 4.00129 18.04555 16.35143 14.87747 13.59033 11.46992 9.81815 7.46944 4.11026 22.02316 19.52346 17.41315 13.76483 12.78336 10.67478 7.84314 4.14742 25.80771 22.39646 19.60044 17.29203 13.76483 11.25778 8.05518 4.16010 32.83469 27.35548 23.11477 19.79277 15.04630 11.92461 8.24378 4.16590 39.19612 31.42361 25.72976 21.48218 15.76186 12.23348 8.30450 4.16658