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ANALYSIS OF BONDS 4. January 1st of 2019 The Cecil B. DeMille Company (DeMille) purchased S76,000 in Plant, Property & Equipment (PP&E). The company plans

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ANALYSIS OF BONDS 4. January 1st of 2019 The Cecil B. DeMille Company (DeMille) purchased S76,000 in Plant, Property & Equipment (PP&E). The company plans on funding this amount by the sale of 5-year bonds. The interest will be paid semi-annually (June 30 and December 31) and the coupon rate is 10.0%. Just before the bonds were issued, the Federal Reserve made an announcement that changed interest rates, making the market rate for DeMille's bonds 4.0% Calculate the present value of the face-value of the bonds. [Round to the nearest dollar. 18 points Face amount $76.000 76,00 x 0 coupon rate : 100% interest paid semannually come 30 & Dec 3)) Term of Bond. syr: 2 = 10 periode 5. Calculate the posent value of the interest payments for DeMille's bond issue. (Round your final answer to the nearest dollar. ] [8 points) 6. How much cash will DeMille collect when it issues the bonds? [Round your final answer to the nearest dollar. 14 point

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