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For 3-4 use the following: The company issues 6% 10-year bonds with a total face amount of $1,000,000 with interest paid semi-annually. The market
For 3-4 use the following: The company issues 6% 10-year bonds with a total face amount of $1,000,000 with interest paid semi-annually. The market rate of interest is 6.2%. n % PV PVA 10 6.00% 0.55839 7.3601 10 6.20% 0.54797 7.2908 20 3.00% 0.55368 14.8775 20 3.10% 0.54303 14.7409 3. What is the issue price of the bond? $ 4. What is the bond liability after the first interest payment? $ 5. The company has 10,000 shares of treasury stock with a cost of $160,000. Assume that the company resold 2,000 shares for $20 per share. How much would Stockholders' Equity change? $
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