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please explain answer Rosh Corporation is planning to issue bonds with a face value of S800,000 and a coupon rate of 10 percent. The bonds
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Rosh Corporation is planning to issue bonds with a face value of S800,000 and a coupon rate of 10 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. E o 1 o F o an Use the approp atie factors i om the tables provided. Round your final answers to whole dollars.) Required Compute the issue (sale) price on January 1 of this year for each of the following independent cases: a. Case A: Market interest rate (annual): 10 percent Issue price b. Case B: Market interest rate (annual): 8 percent. Issue price c. Case C: Market interest rate (annual): 12 percent. Issue priceStep by Step Solution
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