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Citywide Company issues bonds with a par value of $84.000. The bonds mature in eight years and pay 12% annual interest in semiannual payments. The

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Citywide Company issues bonds with a par value of $84.000. The bonds mature in eight years and pay 12% annual interest in semiannual payments. The annual market rate for the bonds is 10%. (Table B1. Table B2 Table B3, and Table B4) (Use appropriate factor(s) from the tables provided.) 1. Compute the price of the bonds as of their issue date. 2. Prepare the journal entry to record the bonds issuance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the price of the bonds as of their issue date. (Round Intermediate calculations to the nearest dollar amount.) Table Value Based on: Cash Flow Table Value Amount Present Value Par (maturity) value interest annuity Price of bonds $ 0 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record the bonds issuance. (Round intermediate calculations to the nearest dollar amaunt.) View transaction list Journal entry worksheet Record the issuance of the bonds for cash. Notel Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View al journal TABLE B.1" Present Value of 1 p=1/(1+1) Rate Periods 1% 2% 3% 4% 5% 6% 7% 9% 10% 12% 15% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 25 30 35 40 0.9901 0.9803 0.9706 0.9610 0.9515 0.9420 0.9327 0.9235 0.9143 0.9053 0.8963 0.8874 0.8787 0.8700 0.8613 0.8528 0.8444 0.8360 0.8277 0.8195 0.7798 0.7419 0.7059 0.6712 0.9804 0.9612 0.9423 0.9238 0.9057 0.8880 0.8706 0.8535 0.8368 0.8203 0.8043 0.7885 0.7730 0.7579 0.7430 0.7284 0.7142 0.7002 0.6864 0.6730 0.6095 0.5521 0.5000 0.4529 0.9709 0.9426 0.9151 0.8885 0.8626 0.8375 0.8131 0.7894 0.7664 0.7441 0.7224 0.7014 0.6810 0.6611 0.6419 0.6232 0.6050 0.5874 0.5703 0.5537 0.4776 0.4120 0.3554 0,3066 0.9615 0.9246 0.8890 0.8548 0.8219 0.7903 0.7599 0.7307 0.7026 0.6756 0.6496 0.6246 0.6006 0.5775 0.5553 0.5339 0.5134 0.4936 0.4746 0.4564 0.3751 0.3083 0.2534 0 2083 0.9524 0.9070 0.8638 0.8227 0.7835 0.7462 0.7107 0.6768 0.6446 0.6139 0.5847 0.5568 0.5303 0.5051 0.4810 0.4581 0.4363 0.4155 0.3957 0.3769 0.2953 0.2314 0.1833 0.1420 0.9434 0.8900 0.8395 0.7921 0.7473 0.7050 0.6651 0.6274 0.5919 0.5584 0.5268 0.4970 0.4688 04423 0.4173 0.3936 0.3714 0.3503 0.3305 0.3118 0.2330 0 1741 0.1301 0,0972 0.9346 0.8734 0.8163 0.7629 0.7130 0.6663 0.6227 0.5820 0.5439 0.5083 0.4751 0.4440 0.4150 0.3878 0.3624 0.3387 0.3166 0.2959 0.2765 0.2584 0.1842 0.1314 0.0937 0,0668 0.9259 0.8573 0.7938 0.7350 0.6806 0.6302 0.5835 0.5403 0.5002 0.4632 0.4289 0.3971 0.3677 0.3405 03152 0.2919 0.2703 0.2502 0.2317 0.2145 01460 0/0994 0.0676 0.0460 0.9174 0.8417 0.7722 0.7084 0.6499 0.5963 0.5470 0.5019 0.4604 0.4224 0.3875 0.3555 0.3262 0.2992 0.2745 0.2519 0.2311 0.2120 0.1945 0.1784 0.1160 0.0754 0.0490 0.0318 0.9091 0.8264 0.7513 0.6830 0.6209 0.5645 0.5132 0.4665 0.4241 0.3855 0.3505 0.3186 0.2897 0.2633 0.2394 0.2176 0.1978 0.1799 0.1635 0.1485 0.0923 0,0573 0.0356 0.0221 0.8929 0.7972 0.7118 0.6355 0.5674 0.5066 0.4523 0.4039 0.3606 0.3220 0.2875 0.2567 0.2292 0.2046 0.1827 0.1631 0.1456 0.1300 0.1161 0.1037 0.0588 0,0334 0.0189 0.0107 0.8696 0.7361 0.6575 0.5718 0.4972 0.4323 0.3759 0.3269 0.2843 0.2472 0.2149 0.1869 0.1625 0.1413 0.1229 0.1069 0.0929 0.0809 0.0708 0.0611 0.0304 0.0151 0.0075 0.0037 Used to compute the value of Lower How much yond today at 10ampun manually do .cumulate in 6 year Trying the facts and seminta period odmianowe 56. Yould vodo 2.784 today 50000 VO TABLE B.2 Future Value of 1 f=(1+0) Rate Periods 1% 2% 3% % 5% 7% 8% 9% 10% 12% 15% 0 1 2 4 5 6 7 B 9 10 11 12 13 14 15 16 17 18 19 20 25 1.0000 1.0100 1.0201 1.0303 1.0406 1.0510 1.0615 1.0721 1.0829 1.0937 1.1046 1.1157 1.1268 1.1381 1.1495 1.1610 1.1726 1.1843 1.1961 1.2081 1.2202 1.2824 1.3478 1.4166 1.4889 1.0000 1.0200 1.0404 1.0612 1.0824 1.1041 1.1262 1.1487 1.1717 1.1951 12190 1.2434 1.2682 1.2936 1.3195 1.3459 1.3728 1.4002 1.4282 1.4568 1.4859 1.6406 1.8114 1.9999 2 2080 1.0000 1.0300 1.0609 1.0927 1.1255 1.1593 1.1941 1.2299 1.2568 1.3048 1.3439 1.3842 1.4258 1.4685 1.5126 1.5580 1.6047 1.6528 1.7024 1.7535 1.8061 2.0938 2.4273 2.8139 3.2620 1.0000 1.0400 1.0816 1.1249 1.1699 1.2167 1.2653 1.3159 1.3586 1.4233 1.4802 1.5395 1.6010 16651 1.7317 1.8009 1.8730 1.9479 2.0258 2.1068 2.1911 2.6658 3.2434 3.9461 4.8010 1.0000 1.0500 1.1025 1.1576 1.2155 1.2763 1.3401 1.4071 1.4775 1.5513 1.6289 1.7103 1.7959 1.8856 1.9799 2.0789 2.1829 2.2920 2.4066 2.5270 2.6533 3.3864 4.3219 5.5160 7.0400 1.0000 1.0500 1.1236 1.1910 1.2625 1.3382 1.4185 1.5036 1.5938 1.6895 1.7908 1.8983 20122 2.1329 2.2609 2.3966 2.5404 26928 28543 3.0256 3.2071 4.2919 5.7435 7.6861 10.2857 1.0000 1.0700 1.1449 1.2250 1.3108 1.4026 1.5007 1.6058 1.7182 1.8385 1.9672 2.1049 2.2522 2.4098 2.5785 2.7590 2.9522 3.1588 3.3799 3.6165 3.8697 5.4274 7.6123 10.6766 149745 1.0000 1.0800 1.1664 1.2597 1.3605 1.4693 1.5859 1.7138 1.8509 1.9990 2.1589 2.3316 2.5182 2.7196 2.9372 3.1722 3.4259 3.7000 3.9960 4.3157 4.6610 6.8485 10.0627 147853 21.7245 1.0000 1.0900 1.1881 1.2950 1.4116 1.5386 1.6771 1.8280 1.9926 2.1719 2.3674 2.5804 2.8127 3.0658 3.3417 3.6425 3.9703 4.3276 4.7171 5.1417 5.6044 8,6231 13.2677 20.4140 31.4094 1.0000 1.1000 1.2100 1.3310 1.4641 1.5105 1.7716 1.9487 2.1436 2.3579 2.5937 2.8531 3.1384 3.4523 3.7975 4.1772 4.5950 5.0545 5.5599 6.1159 6.7275 10.8347 17.4494 28. 1024 45.2593 1.0000 1.1200 1.2544 1.4049 1.5735 1.7623 19738 22107 2.4760 2.7731 3.1058 3.4785 3.8960 4.3635 4.8871 5.4736 6.1304 6.8660 7.5900 8.6128 9.6463 17.0001 29.9599 52.7996 93,0510 1.0000 1.1500 1.3225 1.5209 1.7490 2.0114 2.3131 26600 3.0590 3.5179 4.0456 4,6524 5.3503 6.1528 7.0757 8.1371 9.3575 10.7613 12.3755 14.2318 16.3665 32.9190 66,2118 133:1755 267.8635 35 40 Uved to compute the future value of now present amountample. What the melted value of 3.000 invested today at 8 compounded quarterly for years?Uning the factors of 20 and 22 quarterly periods and a quarterly into the factors . The accumulated value is $4457.70(87000 1.4859 p=1:-( + (1 + 1)" li TABLE B.3: Present Value of an Annuity of 1 Rate Perlods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 15% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 25 30 35 40 0.9901 1.9704 2.9410 3.9020 4.8534 5.7955 6.7282 7.6517 8.5660 9.4713 10.3676 11.2551 12.1337 13.0037 13.8651 14,7179 15,5623 16,3983 17,2260 18.0456 22.0232 25.8077 29.4086 32.8347 0.9804 1.9416 2.8839 3.8077 4.7135 5.6014 6,4720 7.3255 8.1622 8.9826 9.7868 10.5753 11.3484 12:1062 12.8493 13.5777 14.2919 14.9920 15.6785 16.3514 19.5235 22.3965 24.9986 27.3555 0.9709 1.9135 2.8286 3.7171 4.5797 5.4172 6.2303 7.0197 7.7861 8.5302 9.2526 9.9540 10.6350 11.2961 11.9379 125611 13.1661 13.7535 14.3238 14.8775 17.4131 19.6004 21.4872 23.1148 0.9515 1.8861 2.7751 3.6299 4.4518 5.2421 6.0021 6.7327 7.4353 8.1109 8.7605 9.3851 9.9856 10.5631 11.1184 11.6523 12.1657 12.6593 13.1339 13.5903 15.6221 17.2920 18.5646 19.7928 0.9524 1.8594 27232 3.5460 4.3295 5.0757 5.7864 6.4632 7.1078 7.7217 8.3064 8.8633 9.3936 9.8986 10.3797 10.8378 11.2741 11.6896 12.0853 12.4622 14.0939 15.3725 16.3742 17.1591 0.9434 1.8334 2.6730 3,4651 4.2124 4.9173 5.5824 6.2098 5.8017 7.3601 7.8869 8.3838 8.8527 9.2950 9.7122 10.1059 10.4773 10.8276 11.1581 11,4699 12.7834 13.7648 14.4982 15.0463 0.9346 1.8080 2.5243 3.3872 4.1002 4.7665 5.3893 5.9713 6.5152 7.0236 7.4987 7.9427 8.3577 87455 9.1079 9.4466 9.7632 10.0591 10,3356 10.5940 11.6536 12.4090 12.9477 13.3317 0.9259 1.7833 2.5771 3.3121 3.9927 4.6229 5.2064 5.7466 6,2469 6.7101 7.1390 7.5361 7.9038 8.2442 8.5595 8.8514 9.1216 9.3719 9.6036 9.8181 10.6748 11.2578 11.6546 11.9246 0.9174 1.7591 2.5313 3.2397 3.8897 4.4859 5.0330 5.5348 5.9952 6.4177 6.8052 7.1007 7.4869 7.7862 8.0607 8.3126 8.5436 8.7556 8.9501 9.1285 9.8226 10.2737 10.5668 10.7574 0.9091 1.7355 24869 3.1699 3.7908 4.3553 4.8684 5,3349 5.7590 6.1446 6.4951 6,8137 7.1034 7.3667 7.6061 7.8237 8.0216 8.2014 8.3649 8.5136 9.0770 9.4269 9.6442 9.7791 0.8929 1.6901 2.4018 3.0373 3.6048 4.1114 4.5638 4.9676 5.3282 5.6502 5.9377 6.1944 6.4235 6.6282 6.8109 6.9740 7.1196 7.2497 7.3658 7.4694 7.8431 8.0552 8.1755 8.2438 0.8596 1.6257 22832 28550 3.3522 3.7845 4.1604 4.4873 4.7716 5.0188 5.2337 5.4206 5.5831 5.7245 5.8474 5.9542 6.0472 6.1280 5.1992 6.2593 6.4641 6.5660 5.6166 5.6418 Used to calculate the present value of a series of equal payments made the end of each period. For ocuple. What is the present Value of $2.000 per year for 10 years asuming an nontores le Fine 10.1=96), the PV factors. 4177 $2.000 per year for ons is the giant of $123todi 152.000 6.4 f=[(1 + i)" - 1yi TABLE B.4 Future Value of an Annuity of 1 Rate Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 15% 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1.0000 1.0000 2.0100 20200 3,0301 3.0604 4.0604 4.1216 5.1010 5.2040 6.1520 6.3081 7.2135 7.4343 8.2857 8.5830 9.3685 9.7546 10.4622 10.9497 11.5668 12.1687 126825 13.4121 13 8093 14.6803 149474 15.9739 16.0969 17.2934 17.2579 18.6393 18.4304 20.0121 19.6147 21.4123 20.8109 22.8406 22.0190 24.2974 28.2432 32.0303 34.7849 40.5681 41.6603 49.9945 48.8864 60 4020 1.0000 2.0300 3.0909 4.1836 5.3091 6.4684 7.6625 8.8923 10.1591 11.4639 12.8078 14.1920 15,6178 17.0863 18.5989 20.1569 21.7616 23.4144 25.1169 26,8704 36.4593 47.5754 60.4621 75.4013 1.0000 2.0400 3.1216 4.2465 5,4163 6.6330 7.8983 9.2142 10.5828 12.0061 13.4864 15.0258 16.6268 18 2919 20.0236 21.8245 23.6975 25.6454 27.6712 29.7781 41.6459 56:0849 73.6522 95,0255 1.0000 2.0500 3.1525 4.3101 5.5256 6.8019 8.1420 9.5491 11.0266 12.5779 14.2068 15 9171 17.7130 19,5986 21.5786 23.6575 25.8404 28.1324 30.5390 330660 47.7271 66.4388 90.3203 120.7998 1.0000 2.0600 3.1836 4.3746 5.6371 6.9753 8.3938 9.8975 11.4913 13.1808 14.9716 16.8699 18.8821 21.0151 23.2760 25.6725 28.2129 30.9057 33.7600 36.7856 54.8545 79.0582 111.4348 154.7620 1.0000 2,0700 3.2149 4.4399 5.7507 7.1533 8.6540 10.2598 11.9780 13.8164 15.7836 17.8885 20.1406 22.5505 25.1290 27.8881 30.8402 33.9990 373790 40.9955 63.2490 94.4608 138.2369 199.6351 1.0000 20800 3.2464 4.5061 5.8666 7.3359 8.9228 10.6366 12.4876 14.4866 16.6455 18.9771 21.4953 24 2149 27.1521 30.3243 33.7502 37.4502 41.4463 45.7620 73-1059 113.2832 1723168 259.0565 1.0000 1.0000 2.0900 2.1000 3.2781 3.3100 4.5731 4.6410 5.9847 6.1051 7.5233 7.7156 9.2004 9.4872 11.0285 11.4359 13.0210 13.5795 15.1929 15.9374 17.5603 18,5312 20.1407 21.3843 22.9534 245227 25.0192 27.9750 29.3509 31.7725 33.0034 35.9497 36.9737 40.5447 41.3013 45.5992 45.0185 51.1591 51.1601 57.2750 84.7009 98.3471 136,3075 164,4940 215.7108 271.0244 337.8824 442.5926 1.0000 2.1200 3.3744 4.7793 6.3528 8.1152 10.0890 12.2997 14.7757 17.5487 20.6546 24.1331 28.0291 32.3926 37.2797 42.7533 48.8837 55.7497 63.4397 72.0524 133.3339 241,3327 431.6635 7670914 1.0000 2.3500 3.4725 4.9934 6.7424 8.7537 11.0668 13.7268 16.7858 20.3037 24.3493 29.0017 34.3519 40.5047 47.5804 55.7175 65,0751 75.8354 88.2118 102 4436 212.7930 434.7451 881.1702 1.779.0903 16 17 18 19 20 25 30 35 40 used to calculate the futute value of a series of equal payments made at the end of each period. For example: What is the future value of 54.000 per year for 6 years assuming an annual interest rate of For in= 6.1= the factors. 359. Smo per your for years accumulates to $2934160154.000x133595

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