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ework Saved O Required information The following information applies to the questions displayed below.) On January 1, 2021. Frontier World Issues $39.3 million of 7%
ework Saved O Required information The following information applies to the questions displayed below.) On January 1, 2021. Frontier World Issues $39.3 million of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride, Required: 1-a. If the market rate is 6%, calculate the issue price. (FV of $1. PV of $1. EVA of $1, and PVA of $1 (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round "Market interest rate" to 1 decimal place. Round your final answers to the nearest whole dollar.) Amount 39,300,000 $ Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price S Next > Saved Helt work O Required information [The following information applies to the questions displayed below) On January 1, 2021. Frontier World issues $39.3 million of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster a water ride, a dark tunnel and the great smell of outdoor barbeque, all in one side, 2-o. If the market rate is 7%, calculate the issue price (EV of S1, PYLSU. EVA LS1, and PVA S1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round "Market interest rate" to 1 decimal place. Round your final answers to the nearest whole dollor.) Amount $39 300.000 Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price Malwaret A Upd Ane 2-b. The bonds will issue al avalle this A NA
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