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LaTanya Corporation is planning to issue bonds with a face value of $102,500 and a coupon rate of 6 percent. The bonds mature in seven

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LaTanya Corporation is planning to issue bonds with a face value of $102,500 and a coupon rate of 6 percent. The bonds mature in seven years. Interest is paid annually on 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 (sales) price on January 1 of this year for each of the following independent cases a. Case A Market interest rate (annua) 6 percent Issue price b. Case B Market interest rate (annual): 4 percent nuo pece c. Case C Market interest rate (annuan: 7 percent c. Case C: Market interest rate (annual): 7 percent. Issue price

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