On January 1, 2024, Ocean World issues $39.4 million of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride.
Required information [The following information applies to the questions displayed below.] On January 1, 2024, Ocean World issues $39.4 million of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. -a. If the market rate is 9%, calculate the issue price. (FV of $1, PV of $1, FVA of $1, and PVA of $1) -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 9%, calculate the issue price.(FV of $1,PV of $1,FVA of $1, and PVA of $1 ) (Use appropria factor(s) from the tables provided. Enter your answers in dollars not in millions (i.e., $5.5 million should be entered 5,500,000 ). Round your final answers to the nearest whole dollar.) Required information [The following information applies to the questions displayed below.] On January 1, 2024, Ocean World issues $39.4 million of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. 2-a. If the market rate is 9%, calculate the issue price. (FV of $1. PV of $1. FVA of $1, and PVA of \$1) 2-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 issue at face amount, a discount, or a premium? Required information [The following information applies to the questions displayed below.] On January 1, 2024, Ocean World issues $39.4 million of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. 3-a. If the market rate is 10%, calculate the issue price. (FV of $1,PV of $1, FVA of $1, and PVA of $1 ) 3b. 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 10%, calculate the issue price. (FV of $1, PV of $1, FVA of $1, and PVA of $1 ) (Use appropri factor(s) from the tables provided. Enter your answers in dollars not in millions (i.e., $5.5 million should be entered 5,500,000). Round your final answers to the nearest whole dollar.) Required information [The following information applies to the questions displayed below.] On January 1, 2024, Ocean World issues $39.4 million of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. 3-a. If the market rate is 10%, calculate the issue price. (FV of $1, PV of $1,FVA 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 issue at face amount, a discount, or a premium
