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Required information The following information applies to the questions displayed below! On January 1, 2021, Wild Rapids Water Park issues $40.5 million of 7% bonds

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Required information The following information applies to the questions displayed below! On January 1, 2021, Wild Rapids Water Park issues $40.5 million of 7% bonds to finance expansion. The bonds are due in 10 years, with interest payable semiannually on June 30 and December 31 each year, Required: 1-a. If the market rate is 6%, calculate the issue price (FV of $1. PV of $1. EVA 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 40,500,000 $ Band Characteristics Face amount Inter payment Periods to maturity Market interest rate Issue price 1-b. The bonds will issue at O A Discount O A Premium O Face amount Required information [The following information applies to the questions displayed below.) On January 1, 2021. Wild Rapids Water Park issues $40.5 million of 7% bonds to finance expansion. The bonds are due in 10 years, with interest payable semiannually on June 30 and December 31 each year. 2-a. If the market rate is 7%, calculate the issue price. (FV of $1. PV of $1. EVA 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 40.500.000 $ Bond Characteristics Faco amount Interest payment Porodis to maturity Market interest rate Issue price Required information [The following information applies to the questions displayed below.) On January 1, 2021, Wild Rapids Water Park issues $40.5 million of 7% bonds to finance expansion. The bonds are due in 10 years, with interest payable semiannually on June 30 and December 31 each year 3-a. If the market rate is 8%, calculate the issue price (EV of $1. PV of $1. EVA 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 40,500,000 $ Bond Characteristics Face amount Interest payment Periods to maturity Marka interest rate use price

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