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James Corporation is planning to issue bonds with a face value of $501,500 and a coupon rate of 6 percent. The bonds mature in 10

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James Corporation is planning to issue bonds with a face value of $501,500 and a coupon rate of 6 percent. The bonds mature in 10 years and pay interest semiannually every June 30 and December 31. All of the bonds will be sold on January 1 of this year. (FV of $1, PV of $1. FVA of $1, and PVA of $1 (Use the appropriate factor(s) from the tables provided. Round your final 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 A: Market interest rate (annual): 4 percent. b. Case B: Market interest rate (annual): 6 percent. c. Case C: Market interest rate (annual): 8.5 percent. This is a numeric ce so please enter References eBook & Resources Learning Objective: 10-05 Report bonds payable and interest expense for bond securities issued at a premium. Worksheet Leaming Objective: 10-02 Report bonds payable and interest expense for bond securities issued at par Difficulty: 2 Medium Leaming Objective: 10-04 Report bonds payable and interest expense for bond securities issued at a discount. Present Value of Annuity of $1 0.95923 1.87936 2.76198 0.97087 1.85941 2.72325 .54595 1.83339 2.82861 4.85343 4.42073 .21236 4.57971 4.10020 4.48326 5.28507 6.05790 4.71346 5.07569 5.78637 6.23028 5.58238 6.20979 6.66378 7.43533 8.98259 7.02358 10.36763 11.25508 2.13374 13.00370 13.86505 4.71787 15.56225 8.76048 8.64354 7.94269 8.35765 0.57534 9.25039 8.86325 9.39357 0.63496 11.93794 13.16612 13 9.98565 10.73962 0.56312 12.84926 3.57771 4.29187 4.99203 15.67846 15 10.92652 11.44031 9.10791 11.87017 2.40498 12.92046 1.65230 12.16567 0.83777 10.10590 10.47726 17 2.40590 1.68959 2.08532 17.22601 8.04555 22.02316 25.80771 3.13394 3.59033 5.62208 17.29203 487747 17.41315 13.29437 13.89620 6.04320 7.82925 0.59401 20 25 30 9.52346 22.39646 11.46992 12.78336 13.76483 16.77902 0.86957 0.83333 1.69005 3.88965 4.48592 3.60478 4.23054 3.99755 4.79877 5,42624 3.88867 4.28830 4.86842 5.33493 5.75902 4.48732 3.32891 4.03097 5.88923 3.57050 3.65640 5.23371 5.93770 6.19437 6.42355 3.78010 3.82408 13 7.90378 8.24424 8.55948 6.74987 5.84236 6.00207 7.36669 6.30249 6.46238 6.60388 15 7.19087 7.82371 6.37286 6.12797 6.19823 6.83991 3.92794 8.36492 7.83929 7.36578 7.46944 6.55037 4.86958 20 25 10.67478 7.02475 7.32998 7.49565 10.27365 8.69379 8.05518 4.97894 Future Value of Annuity of $1 4.12161 .31013 5.38933 6.15202 7.43428 7.66246 8.14201 8.39384 8.65402 9.13255 10.47503 8.58297 10.25980 10.94972 12.16872 10 13.81645 13.48635 5.02581 4.97164 6.86994 11.56683 12.80780 14.19203 13.66244 12 17.88845 3.80933 14.94742 18.88214 21.01507 23.27597 16.36757 1798135 19.65565 21.39274 23.19497 25.06478 27.00471 16.89092 18.60879 17.71298 9.59863 5.97394 17.29342 18.63929 17.08632 18.59891 20.15688 21.76159 18.29191 20.02359 21.8245320.39966 23.69751 27.67123 29.77808 25.12902 17.25786 18.43044 9.61475 22.26665 24.21298 26.24203 28.35732 16 25.84037 28.13238 30.84022 33.99903 18 30.90565 33.75999 78559 33.06595 20 25 32.03030 43.07648 4.78489 47.57542 53.79924 6.08494 66.43885 5.86660 152333 6.48027 8.53552 10.73049 13.23276 6.08535 8.75374 1.06680 2.91590 13.72682 16.78584 20.79890 20.30372 25.95868 24.34928 32.15042 9.00167 39.58050 54.207 11.2587 15.07349 19.84186 25.80232 9.48717 1.43589 0.63663 16.49908 14.16397 14.48656 16.64549 5.19293 17.54874 20.65458 24.13313 25.65018 8.53117 21.38428 24.52271 2797498 9.56143 23.04452 42.56613 0.50471 59.19592 7.58041 72.0351 109.68684 5.71747 87.44213 65.07509 05.93056 173.63568 75.83636 128.11667 218.04460 88.21181 154.74000 273.55576 0.09492 86.94947 27.15211 30.32428 33.75023 37.45024 32.39260 34.88271 37.27971 40.41746 42.75328 48.88367 53.73906 55.74971 63.43968 70.74941 2.05244 80.94683 15 16 9.18995 138.10855 35.9497 40.54470 5.59917 36.97370 61.72514 50.39594 56.93949 64.20283 19 91.02493 02.44358186.68800 342.94470 98.34706 114.4133 133.33387 155.61956181.87083 212.79302 471.98108 1054.79118 136.30754 164.49402 199.02088 241.33268 293.19922 356.78685 434.74515 1181.88157 3227.17427 45.76196 25 253761257 42727 3622 % 33 44 70 25 88 90 08 57 81 51 59 16 46 89 91 09 07 56 30 08 48 21 0-3482149231 0 8654 317080 418642 1-0. 000000 0. 0 0 0 0 0 0 0 0 0 0 0. 0. 0. .8 .8 7 776 5-9 977879 693 4-876554 8777 555444432 4-0000000000 0. 0. 0 0 0 0 0 0. 0 0 0 0. 31299 1-0000000 0. 0. 0. 0 0 0 0 0 0 0 0 0 0 0 0 78617 5307 0000000000000 0. 0. 0 0 0 0 0 0 0. 6982335 7202 1|0000000000000000000000 3|0000000000000000000000 8765 44333222 91 887777 51127610 000 0. 0 0 0 0 0 0 0 0 0 0 0 0. 0 0 0 0 0 % 1|0000000000000000000000 972537 965693 15663737 837384 4551 0000 0. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 09 742 08 9 96 4 0 60 2 8 5 6 9 4 531 9.-9877655 797 7991 es ri 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 20 25 30 ri 1 2 3 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 25 30 Future Value of $1 1.03750 1.04250 1.06121 .09273 1.12551 1.13300 1.15865 1.20210 1.26248 1.33823 1.10408 1.26532 1.34010 1.07214 1.08286 09369 1.50073 1.60578 1.71819 1.33824 134247 1.39281 1.36857 .47746 1.45440 10 34392 1.58065 1.89830 2.10485 1.12683 1.55545 1.61378 1.26824 1.66507 1.79087 1.86699 1.97993 2.39656 2.54035 2.69277 2.85434 2.07893 1.80223 1.86981 93993 17 2.29202 2.02582 2.10685 2.20519 2.29891 2.83075 2.52695 265330 1.48595 2.08815 2.51017 20 3.20714 3.86968 25 Periods 25440 1.25971 1.29503 1.33100 52088 1.74901 1.36763 .53862 2.48832 1.58687 2.19497 1.82804 .99256 2.07616 2.35261 2.65844 85093 2.85259 5.96046 .05902 3.51788 2.35795 2.55804 5.15978 2.36736 2.58043 3.10585 3.83586 4.22623 7.43008 8.91610 10.69932 2.83918 3.13843 3.45227 3.89598 4.36349 5.35025 2.71962 2.93719 13 3.06580 3.88328 5.53475 6.26135 7.13794 8.13725 9.27646 10.57517 12.05569 13.74349 26.46192 50.95016 22.73737 28.42171 35.52714 44.40892 3.64248 3.97031 15 3.42594 6.13039 7.06733 4.59497 5.05447 5.55992 10.76126 2.37545 14.23177 16.36654 32.91895 662177 237.37631 807.79357 22.18611 26.62333 3.99602 4.31570 6.54355 7.26334 19 20 25 6.72750 10.83471 38.33760 95.39622 69.38894 86.73617 264.69780 6.84848 8.62308 13.58546 22.89230 21.23054 13.26768 29.95992 39.11590

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