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Chapter 10 homework 0 Help Save & Exit Subr Check my w James Corporation is planning to issue bonds with a face value of $502,500

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Chapter 10 homework 0 Help Save & Exit Subr Check my w James Corporation is planning to issue bonds with a face value of $502,500 and a coupon rate of 6 percent. The bonds mature in 7 years and pay interest semiannually every June 30 and December 31. All of the bonds will be sold on January 1 of this year. (EV. of $1 PV of $1. EVA of S1, and PVA of $1 (Use the appropriate factor(s) from the tables provided. Round your final answer to whole dollars.) points Required: Compute the issue (sale price on January Tof this year for each of the following independent cases: a. Case A: Market interest rate (annual): 4 percent. Issue price References b. Case B: Market interest rate (annual): 6 percent. Issue price c. Case C: Market interest rate (annual): 8.5 percent. Iue price

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