Required information [The following information applies to the questions displayed below) On January 1, 2021. Fronter World Issues $41 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 nde, a dark tunnel, and the great smell of outdoor barbeque, all in one ride Required: 1-a. If the market rate is 8%, calculate the issue price. (FV of $1. PV of $1. FVA of $1. and PVA of S1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in milions. Round your final answers to the nearest whole dollar.) Bond Characteristics Face amount Interest payment Amount 41,000,000 $ Pedcds to maturity Market interest rate sve price 1.b. The bonds will issue at A Premium QADiscount Office amount Required information [The following information applies to the questions displayed below) On January 1, 2021, Frontier World issues $41 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.) Amount 541,000,000 v Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price 2-b. The bonds will issue at O A Discount Face amount O A Premium Required information The following Information applies to the questions displayed below) On January 1, 2021, Fronter World Issues $41 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. 3-a. If the market rate is 10%, 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.) Amount $ 41,000,000 Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price 47 3.b. The bonds will issue at O Face amount O A Premium O A Discount
