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Required information The following information applies to the questions displayed below) Treat each case as being independent from the other cases (EV of $1. PV

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Required information The following information applies to the questions displayed below) Treat each case as being independent from the other cases (EV of $1. PV of $1. EVA a $1. and PVA of $1 (Use the appropriate factor(s) from the tables provided.) Case C: James Corporation is planning to issue $1,040,000 worth of bonds with a couport rate of 4 percent. The bonds mature in 10 years and pay interest annually. All of the bonds were sold on January 1 of this year. Required: 1. Assume market lyield) rate, 4 percent. Compute the issue (sale) price on January 1 of this year 2. Assume market (yleld) rate, 3 percent. Compute the issue (salo) price on January 1 of this year. 3. Assume market (yield) rate, 2 percent. Compute the issue (sole) price on January 1 of this year 1 Inoue price 2 I price Issue price

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