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LaTanya Corporation is planning to issue bonds with a face value of $106,500 and a coupon rate of 7 percent. The bonds mature in seven

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LaTanya Corporation is planning to issue bonds with a face value of $106,500 and a coupon rate of 7 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 yeat. (FV of \$1, PV of \$1, FVA of \$1, and PVA of \$1) Note: Use appropriate factor(s) from the tables provided. 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 (annual): 7 percent. b. Case B: Market interest rate (annual): 5 percent. c. Case C: Market interest rate (annual): 8 percent: Complete this question by entering your answers in the tabs below. Compute the issue (sales) price on January 1 of this year for the following independent case: Case A: Market interest rate (annual): 7 percent. (Round your intermediate calculations and final answer to whole dollars.) LaTanya Corporation is planning to issue bonds with a face value of $106,500 and a coupon rate of 7 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 yeat. (FV of \$1, PV of \$1, FVA of \$1, and PVA of \$1) Note: Use appropriate factor(s) from the tables provided. 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 (annual): 7 percent. b. Case B: Market interest rate (annual): 5 percent. c. Case C: Market interest rate (annual): 8 percent: Complete this question by entering your answers in the tabs below. Compute the issue (sales) price on January 1 of this year for the following independent case: Case A: Market interest rate (annual): 7 percent. (Round your intermediate calculations and final answer to whole dollars.)

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