market interest rate

Kalani Corporation is planning to issue bonds with a face value of $503,000 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. (EV of $1. PV ot S1, EVA otS1, 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 tate (annual): 4 percent. b. Case B. Market interest rate (annual); 6 percent: c. Case C. Market interest rate fannuall: 85 percent. Compute the issue (sales) price on January 1 of this year for the following independent case: Case A: 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 B: Market interest rate (annual): 6 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): 8.5 percent. (Round your intermediate calculations and final answer to whole dolla