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Can you solve this? Spiller Corporation plans to issue 12%, 7-year, $460.000 par value bonds payable that pay interest semiannually on June 30 and December
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Spiller Corporation plans to issue 12%, 7-year, $460.000 par value bonds payable that pay interest semiannually on June 30 and December 31. The bonds are dated January 1 of the current year and are issued on that date (PV of $1. V of SI. PVA of Stand FVAO 51) (Use appropriate factor(s) from the tables provided. Round your "Table value to 4 decimal places and final answers to nearest whole dollar) If the market rate of interest for the bonds is 10% on the date of issue, what will be the total cash proceeds from the bond issue? Table Values are used on Table Value Amount Present Value Cash Flow Present (matuty value Interest (auty Spiller Corporation plans to issue 12%, 7-year, $460,000 par value bonds payable that pay interest semiannually on June 30 and December 31. The bonds are dated January 1 of the current year and are issued on that date: PV of si. FV of $1. PVA of S1 and FVAO 51 (Use appropriate factor(s) from the tables provided. Round your "Table value to 4 decimal places and final answers to nearest whole dollar) If the market rate of interest for the bonds is 10% on the date of issue, what will be the total cash proceeds from the bond issuo? Table Values are based on: 10 Table Value Amount Present Value Cash Flow Present malunya Interest YOUchocs
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