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LaTanya Corporation is planning to issue bonds with a face value of $100.500 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 $100.500 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 year, FV of $1. PV of $1. FVA of $1. and PVA $1) (Use the appropriate factors) 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): 7 percent Issue price b. Case B: Market interest rate (annual): 5 percent. Issue price c. Case C: Market interest rate (annual): 8 percent Issun price

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