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Question 28 of 60 Current Attempt in Progress -16 E On January 1, 2025, Carla Vista Co. issued five-year bonds with a face value
Question 28 of 60 Current Attempt in Progress -16 E On January 1, 2025, Carla Vista Co. issued five-year bonds with a face value of $640,000 and a stated interest rate of 10% payable semiannually on July 1 and January 1. The bonds were sold to yield 8%. Present value table factors are: Present value of 1 for 5 periods at 8% Present value of 1 for 5 periods at 10% Present value of 1 for 10 periods at 4% 0.68058 0.62092 0.67556 0.61391 Present value of 1 for 10 periods at 5% Present value of an ordinary annuity of 1 for 5 periods at 8% Present value of an ordinary annuity of 1 for 5 periods at 10% Present value of an ordinary annuity of 1 for 10 periods at 4% Present value of an ordinary annuity of 1 for 10 periods at 5% 3.99271 3.79079 8.11090 7.72173 C A Q AC Qu ACC Qu- Acco Que Accou View Click here to view factor tables Accou Calculate the issue price of the bonds. (Round factor values to 5 decimal places, eg. 1.25124 and final answer to O decimal places, eg 458,582) Quest Multiple Issue price of bonds $ Quest
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