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James Corporation is planning to issue bonds with a face value of $510,000 and a coupon ate of 6 percent. The bonds mature in 7

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James Corporation is planning to issue bonds with a face value of $510,000 and a coupon ate of 6 percent. The bonds mature in 7 years and pay interest semiannualy every June 30 and December 31. All of the bonds will be sold on Janvary 1 of this year (EVot S1.PY of 1.EVh of 1, and PVA of $1) (Use the apprepriate fectorls) from the tables provided. Round your inal 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 Ac Market interest rae (annual) 4 perent b. Case B Market intorest rate (annual): 6 percent e. Case C. Merket interest rate (anua) 85 percent

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