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Required information Exercise 9 - 2 1 ( Algo ) Calculate the issue price of bonds ( LO 9 - 7 ) [ The following
Required information Exercise Algo Calculate the issue price of bonds LO The following information applies to the questions displayed below. On January Adventure World issues $ million of bonds, due in years, with interest payable semiannually on June and December each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. Exercise Algo Part a If the market rate is calculate the issue price. FV of $ PV of $ FVA of $ and PVA of $ b Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. If the market rate is calculate the issue price.FV of $ PV of $ FVA of $ and PVA of $Use appropriate factors from the tables provided. Enter your answers in dollars not in millions ie $ million should be entered as Round your final answers to the nearest whole dollar.
Required information
Exercise Algo Calculate the issue price of bonds LO
The following information applies to the questions displayed below.
On January Adventure World issues $ million of bonds, due in years, with interest payable semiannually
on June and December each year. The proceeds will be used to build a new ride that combines a roller coaster, a
water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride.
Exercise Algo Part
a If the market rate is calculate the issue price. FV of $ PV of $ FVA of $ and PVA of $
b Will the bonds issue at face amount, a discount, or a premium?
Complete this question by entering your answers in the tabs below.
If the market rate is calculate the issue price.FV of $ PV of $ FVA of $ and PVA of $Use appropriate
factors from the tables provided. Enter your answers in dollars not in millions ie $ million should be entered as
Round your final answers to the nearest whole dollar.
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