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Help Save & E Sut 1 Check my word 4 points LaTanya Corporation is planning to issue bonds with a face value of $102,500 and

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Help Save & E Sut 1 Check my word 4 points LaTanya Corporation is planning to issue bonds with a face value of $102,500 and a coupon rate of 6 percent. The bonds mature in seven years. Interest is paid annually on December 31. All of the bonds will be sold on January 1 of this year. (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answer to whole dollars.) Required: Compute the issue (sales) price on January 1 of this year for each of the following independent cases: a. Case A: Market interest rate (annual): 6 percent. eBook Hint Issue price $ 630.096 Print Reference b. Case B: Market interest rate (annual): 4 percent Issue price Mc Graw Prov 1 of 5 PI! Next > e

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