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Issue Price Youngblood Inc. plans to issue $500,000 face value bonds with a stated interest rate of 8%. They will mature in ten years. Interest

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Issue Price Youngblood Inc. plans to issue $500,000 face value bonds with a stated interest rate of 8%. They will mature in ten years. Interest will be paid semiannually. At the date of issuance, assume that the market rate is (a) 896, (b) 6%, and (c) 10%. Use the appropriate present value table: PV of $1 and PV of Annuity of $1 Required: For each market interest rate, answer the following questions. Round calculations and answers to the nearest whole dollar. Market Rate 10% 00,000 20,000 8% 6% 500,000 20,000 500,000$ 1. What is the amount due at maturity? 2. How much cash interest will be paid every six months? 3. At what price will the bond be issued? 20,000 v $ 500,000V

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