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QUESTION 1 On January 1, 2019, Firm X issued 7% bonds, face value $5,000,000 due at the end of 5 years with interest paid annually.

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QUESTION 1 On January 1, 2019, Firm X issued 7% bonds, face value $5,000,000 due at the end of 5 years with interest paid annually. Parte 1: Assume yield rate is 6%. Yield Rate 6% Present value of 1.74726 at 6% 4.21236 Present value of annuity (5 years 6%) 1. How much the bond was sold 2. Amount of Premium or Discount? 3. Submit the Jornal ticket for the company that issues the bond and for the investor who buys the bond, at the date of issuance

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