{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-21T22:10:30-04:00", "answer_date": "2024-05-21 22:10:30", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1477544", "url": "\/study-help\/questions\/required-information-the-following-information-applies-to-the-questions-1477544", "question_creation_date_js": "2024-05-21T22:10:30-04:00", "question_creation_date": "May 21, 2024 10:10 PM", "meta_title": "[Solved] ! Required information [The following inf | SolutionInn", "meta_description": "Answer of - ! Required information [The following information applies to the questions displayed below.) On January 1, 2021, Front | SolutionInn", "meta_keywords": "required,information,applies,questions,displayed,below,january,1,2021,frontier,world,issues", "question_title_h1": " ! Required information [The following information applies to the questions displayed below.) On January 1, 2021, Frontier World issues $39.1 million of 9% bonds,", "question_title": " ! Required information [The following information applies to the questions displayed", "question_title_for_js_snippet": " Required information The following information applies to the questions displayed below ) On January 1, 2021, Frontier World issues $39 1 million of 9 bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 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 2 a If the market rate is 9 , calculate the issue price (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided Do not round interest rate factors Enter your answers in dollars not in millions Round Market interest rate to 1 decimal place Round your final answers to the nearest whole dollar ) Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price Amount $ 39,100,000 40 4 5 ", "question_description": "\"image", "transcribed_text": "! Required information [The following information applies to the questions displayed below.) On January 1, 2021, Frontier World issues $39.1 million of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 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. 2-a. If the market rate is 9%, calculate the issue price. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round \"Market interest rate\" to 1 decimal place. Round your final answers to the nearest whole dollar.) Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price Amount $ 39,100,000 40 4.5%", "related_book": { "title": "Financial accounting", "isbn": "978-0132751216, 132751127, 132751216, 978-0132751124", "edition": "9th edition", "authors": "Walter T. Harrison Jr., Charles T. Horngren, C. William Thom", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/247.jpg", "uri": "\/textbooks\/financial-accounting-9th-edition-247", "see_more_uri": "\/textbooks\/business-tax-accounting-3331" }, "free_related_book": { "isbn": "9568007016", "uri": "\/textbooks\/birds-of-the-beagle-channel-and-cape-horn-aves-del-canal-beagle-y-cabo-de-hornos-1st-edition-978-9568007010-241217", "name": "Birds Of The Beagle Channel And Cape Horn \/ Aves Del Canal Beagle Y Cabo De Hornos", "edition": "1st Edition" }, "question_posted": "2024-05-21 22:10:30", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/accounting-2-in-order-to-test-its-job-candidates-technical-97933", "description": "kindly interpret the R squared In order to test its job candidates' technical skills, a company creates a timed Excel test (in minutes) to be completed during the interview. The company asks its...", "stars": 3 }, { "url": "\/what-monthly-payment-is-required-to-pay-off-an-80000", "description": "What monthly payment is required to pay off an $80,000 mortgage at 8.9% interest in 30 years?", "stars": 3 }, { "url": "\/study-help\/business-economics-and-finance\/a-total-product-curve-tp-of-an-input-is-a-1852881", "description": "A total product curve TP of an input is a production function which allows the amounts of one input (say, labor) to vary while holding the other inputs (capital, land) constant. Given TP 562.5L 2 ...", "stars": 3 }, { "url": "\/study-help\/introduction-to-probability-statistics\/4-if-you-had-a-score-of-92-on-the-1983212", "description": "4. 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