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Appendix B Exercises i Saved Spiller Corp. plans to issue 6%, 6-year, $570,000 par value bonds payable that pay interest semiannually on June 30 and

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Appendix B Exercises i Saved Spiller Corp. plans to issue 6%, 6-year, $570,000 par value bonds payable that pay interest semiannually on June 30 and December 31. The bonds are dated December 31, 2019, and are issued on that date. (PV of $1, FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places and final answers to nearest whole dollar.) 3.7 points If the market rate of interest for the bonds is 4% on the date of issue, what will be the total cash proceeds from the bond issue? Table Values are Based on: eBook Table Value Amount Present Value Cash Flow Present (maturity) value Interest (annuity) Total cash proceeds Print

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