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I am confused on this topic. It will mean a lot to me if you explain how you got the answer. I really want to
I am confused on this topic. It will mean a lot to me if you explain how you got the answer. I really want to learn the material. Thank you!
LaTanya Corporation is planning to issue bonds with a face value of $106,500 and a coupon rate of 7 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 (sale) price on January 1 of this year for each of the following independent cases a. Case A: Market interest rate (annual): 7 percent. b. Cae B: Market intest rate (annual): 5 percent c. Case C: Market interest rate (annual): 8 percent. 32 98 18 284 08 1-4 2-1. 1 1 2 2. 2 3 4 5. 7 8 10 12 1 12 26 31 38 95 37 3. 4 5 6 7 8 9 10 12 21 47 77 10 47 89 36 88 47 11-1. 2 2 2 3 3 3 4 4 5 667897 352 05 877 51-78 00 10 51 56 72 64 97 32 71 14 60 62 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30 123456789 10 11 2 3 4 5 6 7 8 9 20 25 30 80 44 15 37 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o 0. 000000000000000000 0. 0. 0. 0. 193 200 01 1-0000000 0. 0 0. 0 0 0 0 0 0 0 0 0 0 0 0 00000 0. 000 60 07 88 81 80 77 74 71 69 66 64 61 59 00 0. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3-000 0. 0. 0 0 0 0 0 0 0 0 0 0 0 0 21 19 1 64 09 05 2-0. 0 0 0 0 0 0 0 0 0 0 0 0. 0 0 0. 0 0 0 0 0 00000000000000000000 0. 8 0000000000000000000000 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30 Periods 9.18995 42.75328 46.67173 50.9803555.71747 87.44213 138.10855 6.01846 511590956.93949 63.43968 70.74941 78 96923 882181 15474000 273.55576 4.20283 72.0524480.94683 91.02493 102.44358 186.68800 342.94470 98.34706 114.41331 133.33387 155.6195618187083 212.79302 471.98108 1054.79118 13.28321 136.30754 164.49402 199.02088 241.33268 293.19922 356.78685 434.74515 1181.8815 3227.17427 333331 54 39 51 4. 5 5 5 6 6 6 6 6 6 6 6 7 4-0. 1. 23 4, "5 5 6 7 8. 8 9 9 0 0 1 1 2 2 3 56 0123456678 8. 9. 9 0 1 1 2 2 3 3 57 8890 10 1 1 2 2 3 3 67 %-90 52 71 45 90 54 20 12 05 23 52 36 87 87 87 6 9 62 29 33 74 79 37 25 26 71 7363 7 88 9. 0 1 2 2 3 4 1 1 1 1 22 4.5 667778888899 0. 1 2 3 4 5 6 7 8 9 0 1 2 3 3 4 5 6 7 8 2 25 % 360 21 27 28 0. 1 2 3 3 4 5 5 6 6 7 7 8 8 9 9. 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30
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