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i dont know how to find the issue price with the followint information Required information [The following information applies to the questions displayed below) On

i dont know how to find the issue price with the followint information image text in transcribed
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Required information [The following information applies to the questions displayed below) On January 1, Year 1 a company issues $40.8 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. 2-a. If the market rate is 7% calculate the issue price (FV of S1 PV of $1 FVA of $1 and PVA of 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 dollar.) Answer is not complete. $ Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price Amount 40,800,000 1.428,000 20 $ 3.5% Required information [The following information applies to the questions displayed below) On January 1 Year 1, a company issues $40.8 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. 3-a. If the market rate is 8%, calculate the issue price. (FV or S1 PV of S1, FVA of S1, 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) Answer is not complete. Bond Characteristics Amount Face amount 40,800,000 Interest payment $ 1.428,000 Periods to maturity 20 Market Interest rate 4.0% Issue price

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