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I need help with 18-24 please 18. Given the information below, which bond(s) will be issued at a premium? Bond 1 Bond 2 Bend 3

I need help with 18-24 please image text in transcribed
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18. Given the information below, which bond(s) will be issued at a premium? Bond 1 Bond 2 Bend 3 Bond 4 Stated Rate of Return 4% % 5% 8% Market Rate of Return 3% 6% 6% 19. % BAD Company issues 6%, 10-year bonds with a face amount of $1,000,000 on January 1, 20A for $1,000,000. Interest is paid semiannually on June 30 and December 31. What was the market interest rate for the bond issuance? Use the following to answer questions 20 24 On January 1, year 1, T&J borrows $60,000 to purchase a new vehicle by agreeing to a 2.5%, 6-year loan with the bank. Payments are due at the end of each month with the first installment (vehicle payment) due on January 31, year 1. ROUND YOUR ANSWERS TO THE NEAREST CENT (2 decimal places). IMPORTANT!!!! when inputting the monthly interest rate DO NOT ROUND IT (use the math function in the spreadsheet/financial calculator). 20. Determine the monthly vehicle payment (installment) $ 21. Determine the interest expense for the first car payment $ 22. How much of the payment will decrease the amount owed (principal)? $ $1,000,000. Interest is paid semiannually on June 30 and December 31. What was the market interest rate for the bond issuance? Use the following to answer questions 20 24 On January 1, year 1, T&J borrows $60,000 to purchase a new vehicle by agreeing to a 2.5%, 6-year loan with the bank. Payments are due at the end of each month with the first installment (vehicle payment) due on January 31, year 1. ROUND YOUR ANSWERS TO THE NEAREST CENT (2 decimal places). IMPORTANT!!!! when inputting the monthly interest rate DO NOT ROUND IT (use the math function in the spreadsheet/financial calculator). 20. Determine the monthly vehicle payment installment) $ 21. Determine the interest expense for the first car payment $ 22. How much of the payment will decrease the amount owed (principal)? $ 23. After the first vehicle payment is made the amount owed on the vehicle would be: $ 24. Determine interest expense for the second car payment $

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