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B Ex Qu . 9 - 2 5 5 ( Algo ) On January 1 , 2 0 2 4 , a company issues... Jn
B Ex QuAlgo On January a company issues...
Jn January a company issues $ million of bonds, due in years, with interest payable semiannually on June and Jecember each year.
Required:
a If the market rate is calculate the issue price. FV of $ PV of $ FVA of $ and PVA of $
b Will the bonds issue at face amount, a discount, or a premium?
a If the market rate is calculate the issue price. FV of $ PV of $ FVA of $ and PVA of $
b Will the bonds issue at face amount, a discount, or a premium?
a If the market rate is calculate the issue price. FV of $ PV of $ FVA of $ and PVA of $
b Will the bonds issue at face amount, a discount, or a premium?
Complete this question by entering your answers in the tabs below.
Req
Req
Req
Req
Req
Req
If the market rate is calculate the issue price. FV of $ PV of $ FVA of $ and PVA of $Use appropriate factors from the tables provided. Enter your answers in dollars not in millions ie $ million should be entered as Round your final answers to the nearest whole dollar.
tableBond Characteristics,AmountFace amount,$
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