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P10-4 (Algo) Computing Issue Prices of Bonds Sold at Par, at a Discount, and at a Premium LO 10-2, 10 4,105 Rosh Corporation is planning

image text in transcribed P10-4 (Algo) Computing Issue Prices of Bonds Sold at Par, at a Discount, and at a Premium LO 10-2, 10 4,105 Rosh Corporation is planning to issue bonds with a face value of $840,000 and a coupon rate of 8 percent. The bonds mature in four years and pay interest semiannually every June 30 and 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 of \$1) Note: Use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to nearest whole dollar amount. Required: Compute the issue (sales) price on January 1 of this year for each of the following independent cases: 1. Case A: Market interest rate (annual): 8 percent. 2. Case B: Market interest rate (annual): 6 percent. 3. Case C: Market interest rate (annual): 10 percent

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