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pls answer Cheyenne Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction of a new plant to meet

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Cheyenne Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction of a new plant to meet the increasing demand for the company's bikes. After a careful evaluation of the request the board of directors has decided to raise funds for the new plant by issuing $ 3,151.400 of 7% term corporate bonds on March 1, 2020, due on March 1, 2035, with interest payable each March 1 and September 1, with the first interest payment on September 1st, 2020. At the time of Issuance, the market interest rate for similar financial instruments is 6%. Click here to view factor tables As the controller of the company, determine the selling price of the bonds. (Round factor values to 5 decimal places, c.8. 1.25124 and final answer to 0 decimal places. c.8. 458,581.) Selling price of the bonds TABLE 6.1 ini Periods 1 2 3 4 5 Future Value of 1 (Future Value of a Single Sum) FVF, = (1 + it 296 24% 3% 1.02000 1.02500 1.03000 1.04000 1.04040 1.05063 1.06090 1.08160 1.06121 1.07689 1.09273 1.12486 1.08243 1.10381 1.12551 1.16986 1.10408 1.13141 1.15927 1.21665 5% 1.05000 1.10250 1.15763 1.21551 1.27628 6% 1.06000 1.12360 1.19102 1.26248 1.33823 6 7 8 9 10 1.12616 1.14869 1.17166 1.19509 1.21899 1.15969 1.18869 1.21840 1.24886 1.28008 1.19405 1.22987 1.26677 1.30477 1.34392 1.26532 1.31593 1.36857 1.42331 1.48024 1.34010 1.40710 1.47746 1.55133 1.62889 1.41852 1.50363 1.59385 1.68948 1.79085 11 12 13 14 15 1.24337 1.26824 1.29361 1.31948 1.34587 1.31209 1.34489 1.37851 1.41297 1.44830 1.38423 1.42576 1.46853 1.51259 1.55797 1.53945 1.60103 1.66507 1.73168 1.80094 1.71034 1.79586 1.88565 1.97993 2.07893 1.89830 2.01220 2.13293 2.26090 2.39656 16 17 18 19 20 1.37279 1.40024 1.42825 1.45681 1.48595 1.48451 1.52162 1.55966 1.59865 1.63862 1.60471 1.65285 1.70243 1.75351 1.80611 1.87298 1.94790 2.02582 2.10685 2.19112 2.18287 2.29202 2.40662 2.52695 2.65330 2.54035 2.69277 2.85434 3.02560 3.20714 21 22 23 24 25 1.51567 1.54598 1.57690 1.60844 1.64061 1.67958 1.72157 1.76461 1.80873 1.85394 1.86029 1.91610 1.97359 2.03279 2.09378 2.27877 2.36992 2.46472 2.56330 2.66584 2.78596 2.92526 3.07152 3.22510 3.38635 3.39956 3.60354 3.81975 4.04893 4.29187 26 27 28 29 30 1.67342 1.70689 1.74102 1.77584 1.81136 1.90029 1.94780 1.99650 2.04641 2.09757 2.15659 222129 2.28793 2.35657 2.42726 2.77247 2.88337 2.99870 3.11865 3.24340 3.55567 3.73346 3.92013 4.11614 4.32194 4.54938 4.82235 5.11169 5.41839 5.74349 31 32 33 34 35 1.84759 1.88454 1.92223 1.96068 1.99989 2.15001 2.20376 2.25885 2.31532 237321 250008 257508 2.65234 2.73191 2.81386 3.37313 3.50806 3.64838 3.79432 3.94809 4,53804 4.76494 5.00319 5.25335 5.51602 6.08810 6.45339 6.84059 7.25103 7.68609 36 37 38 39 40 2.03989 2.08069 2.12230 2.16474 220804 243254 2.49335 2.55558 2.61957 2.68506 289828 2.98523 3.07478 3.16703 3.26204 4.10393 426809 4.43881 4.61637 4.80102 5.79182 6.08141 6.38548 6.70475 7.03999 8.14725 8.63609 9.15425 9.70351 10.28572 TABLE 6.1 Future Value of 1 8% 1.08000 1.16640 1.25971 1.36049 1.46933 9% 1.09000 1.18810 1.29503 1.41158 1,53862 10% 1.10000 1.21000 1.33100 1.46410 1.61051 11% 1.11000 1.23210 1.36763 1.51807 1.68506 12% 1.12000 1.25440 1.40493 1.57352 1.76234 15% 1.15000 1.32250 1.52088 1.74901 2.01136 in) Periods 1 2 3 4 5 1.58687 1.71382 1.85093 1.99900 2.15892 1.67710 1.82804 1.99256 2.17189 2.36736 1.77156 1.94872 2.14359 2.35795 2.59374 1.87041 2.07616 2.30454 2.55803 2.83942 1.97382 221068 2.47596 2.77308 3.10585 2.31306 2.66002 3.05902 3.51788 4.04556 6 7 8 9 10 2.33164 2.51817 2.71962 2.93719 3.17217 2.58043 2.81267 3.06581 3.34173 3.64248 2.85312 3.13843 3.45227 3.79750 4.17725 3.15176 3.49845 3.88328 4.31044 4.78459 3.47855 3.89598 4.36349 4.88711 5.47357 4.65239 5.35025 6.15279 7.07571 8.13706 11 12 13 14 15 3.42594 3.70002 3.99602 4.31570 4.66096 3.97031 4.32763 4.71712 5.14166 5.60441 4.59497 5.05447 5.55992 6.11591 6.72750 5.31089 5.89509 6.54355 7.26334 8.06231 6.13039 6.86604 7.68997 8.61276 9.64629 9.35762 10.78126 12.37545 14.23177 16.36654 16 17 18 19 20 5.03383 5.43654 5.87146 6.34118 6.84847 6.10881 6.65860 7.25787 7.91108 8.62308 7.40025 8.14028 8.95430 9.84973 10.83471 8.94917 9.93357 11.02627 12.23916 13.58546 10.80385 12.10031 13.55235 15.17863 17.00000 18.82152 21.64475 24.89146 28.62518 32.91895 21 22 23 24 25 7.39635 7.98806 8.62711 9.31727 10.06266 9.39916 10.24508 11.16714 12.17218 13.26768 11.91818 13.10999 14.42099 15.86309 17.44940 15.07986 16.73865 18.57990 20.62369 22.89230 19.04007 21.32488 23.88387 26.74993 29.95992 37.85680 43.53532 50.06561 57.57545 66.21177 26 27 28 29 30 10.86767 11.73708 12.67605 13.69013 14.78534 14.46177 15.76333 17.18203 18.72841 20.41397 19.19434 21.11378 23.22515 25.54767 28.10244 25.41045 28.20560 31.30821 34.75212 38.57485 33.55511 37.58173 42.09153 47.14252 52.79962 78.14354 87.56507 100.69983 115.80480 133,17552 31 32 33 34 35 15.96817 17.24563 18.62528 20.11530 21.72452 22.25123 24.25384 26.43668 28.81598 31.40942 30.91268 34.00395 37.40434 41.14479 45.25926 42.81808 47.52807 52.75616 58.55934 65.00087 59.13557 66.23184 74.17966 83.08122 93.05097 153.15185 176.12463 202 54332 232.92482 267.86355 36 37 38 39 40 TABLE 6.2 Present Value of 1 (Present Value of a Single Sum) 1 PVF = = (1+1)** (1 + i)" (n) Periods 2% 24% 3% 4% 1 98039 97561 97087 .96154 2 .96117 95181 94280 .92456 3 .94232 92860 .91514 .88900 4 .92385 .90595 88849 .85480 5 .90573 .88385 .86261 .82193 596 95238 .90703 86384 82270 78353 6% 94340 .89000 .83962 .79209 .74726 6 7 8 9 10 .88797 .87056 .85349 .83676 .82035 .86230 .84127 .82075 .80073 .78120 .83748 .81309 .78941 .76642 .74409 .79031 .75992 73069 -70259 .67556 74622 71068 .67684 .64461 .61391 .70496 .66506 .62741 59190 .55839 11 12 13 14 15 .80426 .78849 .77303 .75788 -74301 .76214 .74356 .72542 .70773 .69047 .72242 -70138 68095 .66112 .64186 .64958 .62460 .60057 -57748 55526 .58468 55684 53032 50507 .48102 .52679 49697 .46884 .44230 .41727 16 17 18 19 20 .72845 .71416 170016 .68643 .67297 .67362 .65720 .64117 .62553 .61027 .62317 .60502 58739 57029 55368 .53391 .51337 .49363 .47464 45639 45811 43630 41552 39573 37689 39365 37136 35034 33051 31180 21 22 23 24 25 .65978 .64684 63416 .62172 .60953 .59539 .58086 .56670 55288 .53939 .53755 52189 -50669 49193 .47761 43883 42196 40573 39012 37512 35894 34185 32557 31007 29530 29416 27751 26180 24698 23300 26 27 28 29 30 .59758 58586 57437 .56311 .55207 .52623 .51340 .50088 .48866 .47674 46369 45019 43708 .42435 41199 36069 34682 33348 32065 30832 28124 26785 25509 24295 23138 21981 20737 19563 18456 17411 31 32 33 34 35 54125 53063 -52023 51003 50003 46511 45377 44270 .43191 .42137 39999 38834 37703 36604 35538 29646 28506 27409 26355 25342 22036 20987 .19987 19035 .18129 16425 15496 .14619 13791 13011 36 37 38 39 40 49022 .48061 .47119 46195 45289 .41109 40107 39128 38174 37243 34503 33498 32523 31575 30656 24367 23430 22529 21662 20829 .17266 16444 .15661 14915 .14205 .12274 11579 10924 .10306 .09722 TABLE 6.2 Present Value of 1 896 .92593 .85734 -79383 .73503 .68058 9% .91743 .84168 .77218 .70843 .64993 10% .90909 .82645 .75132 .68301 .62092 11% 90090 .81162 .73119 .65873 .59345 12% .89286 .79719 .71178 .63552 56743 15% .86957 .75614 .65752 57175 ..49718 Periods 1 2 3 4 .63017 58349 .54027 .50025 46319 .59627 .54703 -50187 46043 ,42241 .56447 .51316 .46651 .42410 38554 .53464 .48166 43393 39092 35218 .50663 .45235 .40388 36061 32197 .43233 37594 32690 .28426 24719 6 7 9 10 .42888 39711 .36770 .34046 31524 .38753 .35554 32618 29925 27454 35049 31863 28966 26333 23939 31728 28584 25751 23199 20900 28748 25668 22917 20462 .18270 21494 .18691 .16253 .14133 .12289 11 12 13 14 15 29189 27027 25025 23171 21455 25187 23107 21199 .19449 .17843 21763 .19785 .17986 .16351 .14864 .18829 .16963 .15282 .13768 .12403 .16312 .14564 .13004 .11611 .10387 .10687 .09293 .08081 .07027 06110 16 17 18 19 20 .19866 .18394 .17032 15770 .14602 .16370 .15018 .13778 .12641 .11597 .13513 .12285 .11168 10153 .09230 .11174 .10067 .09069 08170 .07361 .09256 .08264 07379 .06588 05862 05313 04620 .04017 03493 .03038 21 22 23 24 25 .13520 12519 .11591 .10733 09938 .10639 .09761 08955 09216 07537 ,08391 .07628 .06934 .06304 .05731 .06631 .05974 ,05382 .04849 04368 .05252 .04689 .04187 .03738 03338 .02642 .02297 .01997 .01737 201510 26 27 28 29 30 31 32 .09202 08520 07889 07305 .06763 .06915 .06344 .05820 05340 04899 .05210 .04736 .04306 03914 03558 .03935 .03545 .03194 02878 02592 .02980 .02661 .02376 02121 .01894 01313 .01142 .00993 .00884 .00751 34 35 .06262 05799 05369 04971 ,04603 04494 200 123 03783 03470 .03184 .03235 02941 02674 .02430 02210 02335 02104 .01896 .01538 01691 .01510 .01348 .01204 .01075 .60653 .00568 00494 .00429 .00373 36 37 38 39 40

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