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On January 1. 2024, a company issues $25.1 million of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December

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On January 1. 2024, a company issues $25.1 million of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year: Required: 1-a. If the market rate is 6%, calculate the issue price. (EV of \$1, PV of \$1. EVA of \$1, and PVA of \$11) 1.b. Will the bonds issue at face amount, a discount, of a premium? 2-a. If the market rate is 7%, calculate the issue price. (EV of \$1. PV of \$1. EVA of \$1, and PVA of \$11) 2-b. Will the bonds issue at face amount, a discount, or a premium? 3-a. If the market rate is 8%, calculate the issue price. (EV of \$1, PY of \$1., EVA of \$1, and PYA of S1) 3-b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. If the market rate is 6%, calculate the issue price. (FV of \$1, PV of \$1, FVA of $1, and PVA of $1 ) (Use appropriate factor(s) from the tables provided. Enter your answers in dollars not in millions (i.e. $5.5 million should be entered as 5,500,000). Round your final answers to the nearest whole dollar.) December 31 each year. Required: 1-a. If the market rate is 6%, calculate the issue price. (EV of \$1, PV of \$1, EVA of \$1, and PVA of \$11) 1.b. Will the bonds issue at face amount, a discount, or a premium? 2-a. If the market rate is 7%, calculate the issue price. (EV of $1. PV of $1. EVA of $1, and PVA of $1 ) 2-b. Will the bonds issue at face amount, a discount, or a premium? 3-a. If the market rate is 8%, calculate the issue price. (EV of \$1. PV of \$1. EVA of \$1, and PVA of \$1) 3.b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. Will the bonds issue at face amount, a discount, or a premium? Will the bonds istue at face amount, a discount, or a premium

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