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LaTanya Corporation is planning to issue bonds with a face value of $108,500 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 $108,500 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 S1, PV of S1. FVA of \$1, and PVA of \$1) Note: Use oppropriate foctor(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. Cose A. Market interest rate (annual): 6 percent. b. Cose B. Market interest tate (annual): 4 percent. c. Cose C. Market interest rate (annuai): 7 percent. Compute the issue (sales) price on January 1 of this year for the following independent case: Case B: Market interest rate (annual): 4 percent. (Round your intermediate calculations and final answer to whole dollars.) Compute the issue (sales) price on January 1 of this year for the following independent case: Case C: Market interest rate (annual): 7 percent. (Round your intermediate calculations and final answer to whole dollars.)

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