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Hi could you please complete all 4 questions? 1. 2. 3. 4. Spiller Corp. plans to issue 12%, 7-year, $550,000 par value bonds payable that
Hi could you please complete all 4 questions?
1.
2.
3.
4.
Spiller Corp. plans to issue 12%, 7-year, $550,000 par value bonds payable that pay interest semiannually on June 30 and December 31. The bonds are dated December 31, 2016, and are issued on that date. (PV of $1, FV of S1 PVA of $1, and FVA of $) (Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places and final answers to nearest whole dollar.) If the market rate of interest for the bonds is 10% on the date of issue, what will be the total cash proceeds from the bond issue? Table Values are Based on: n= Table Value Amount Present Value Cash Flow Present (maturity) value Interest (annuity) Total cash proceeds
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