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Question 26 Pharoah Corporation is about to issue $1,460,000 of 10-year bonds that pay a 6% annual interest rate, with interest payable semi-annually. The market
Question 26 Pharoah Corporation is about to issue $1,460,000 of 10-year bonds that pay a 6% annual interest rate, with interest payable semi-annually. The market interest rate is . Assuming all bonds are issued, how much can Pharoah expect to receive for the sale of these bonds? of the variables listed in the dropdown, choose the variable being calculated LINK TO TEXT Fill in the remaining variables in the table that follows. (Round rate to I decimal place, .. 25.5.) Variable Present value Future value Financial Calculator or Tables PY Excel PV FV FV Interest rate 1 Rate Amount of annuity payment PMT PMT s Number of periods N Nper LINK TO TEXT Calculate the proceeds from the sale of the bonds. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answers to 2 decimal places, .. 5,275.25.) Click here to view the factor table PRESENT VALUE OF L Click here to view the factor table PRESENT VALUE OF ALALITY EL
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