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Ivanhoe Corporation is about to issue $1,370,000 of 8-year bonds that pay a 4% annual interest rate, with interest payable semi- annually. The market interest

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Ivanhoe Corporation is about to issue $1,370,000 of 8-year bonds that pay a 4% annual interest rate, with interest payable semi- annually. The market interest rate is 5%. Assuming all bonds are issued, how much can Ivanhoe expect to receive for the sale of these bonds? Of the variables listed in the dropdown, choose the variable being calculated? e Textbook and Media Fill in the remaining variables in the table that follows. (Round rate to 1 decimal place, eg. 25.5%) Financial Calculator or Tables Excel Variable Present value PV PV FV Future value FV $ 1 Rate Interest rate %6 PMT PMT Amount of annuity payment $ Number of periods N Nper Future value TV Interest rate 1 Rate % Amount of annuity payment PMT PMT $ Number of periods N Nper eTextbook and Media Calculate the proceeds from the sale of tha bonds. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answers to 2 decimal places, cs. 5,275.25.) Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Proceeds from the sale of the bonds $ e Textbook and Media Answer the following questions using your financial calculator or Excel functions: (Round answers to O decimal places, eg. 5,275.) What is the present value of $ 45,000 to be received in 20 years; i = 7%. Present value $ e Textbook and Media What is the present value of a 15-year annuity of $ 3,500 per year i -6%. Present value $ e Textbook and Media What is the present value of a 5 year annuity of $ 4.700 with the first payment to be received 3 years from now: -7%. (Round answer to decimal places, es-5,275.) What is the present value of a 5-year annuity of $4,700 with the first payment to be received 3 years from now; i = 7%. (Round answer to decimal places, eg. 5.275.) Present value $ e Textbook and Media What will be your annual payment if you take now a loan of $ 153,000 with annual equal repayments over the next 9 years?i=9%. Annual payment $ eTextbook and Media You take out a loan in the amount of $ 272,000 with annual equal repayments over the next 20 years. What is the balance of the loan after the 5th payment?, -7% Balance of the loan $ e Textbook and Media

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