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QUESTION 3 American Manufacturing issued on January 1, 2011, $140,000 of 3%, 12 year bonds to raise funds to buy some special equipment. The bonds

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QUESTION 3 American Manufacturing issued on January 1, 2011, $140,000 of 3%, 12 year bonds to raise funds to buy some special equipment. The bonds were sold to yield 4% return compounded semi-annually. The company uses the straight line method to amortize discounts and premiums. What is the PV factor of the bond interest payments [annuity]? O 0.7013799 09.954004 O 1.608437 18.913926 QUESTION 4 American Manufacturing issued on January 1, 2011, $140,000 of 3%, 12 year bonds to raise funds to buy some special equipment. The bonds were sold to yield 4% return compounded semi-annually. The company uses the straight line method to amortize discounts and premiums. What is the PV factor for the principle [lump sum]? O 0.621721 O 18.913926 O 0.788493 O 0.491934

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