Required information [The following information applies to the questions displayed below) On January 1, 2021, Frontier World issues $39.0 million of 7% bonds, due in 10 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, o water ride, o dark tunnel, and the great smell of outdoor barbeque, all in one ride 2-o. If the market rate is 7%, calculate the issue price. (Ey of S1, PV of $1. EVA of S1, 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 millions. Round "Market Interest rate" to 1 decimal place. Round your final answers to the nearest whole dollar.) Amount $ 39,000,000 Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price 2.b. The bonds will issue at Required information [The following information applies to the questions displayed below) On January 1 2021, Frontier World issues $39.0 million of 7% bonds, due in 10 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, o dark tunnel and the great smell of outdoor barbeque, all in one ride 3-1. If the market rate is 89, calculate the issue price $1. PV of S. EVA of S. and PVA OS1) (Use appropriate factor(e) 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 39.000.000 5 Bond Characteristics Famount Interest payment Periods to maturity Market restrate se po Required information The following information applies to the questions displayed below] On January 1, 2021. Frontier World issues $39.0 million of 7% bonds, due in 10 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, o dark tunnel, and the great smell of outdoor barbeque, all in one ride. Required: 1-e. If the market rate is 6%, calculate the issue price te of $1, PV of $1. EVA sf S1, and PVA of $1) (Use appropriate factor(a) from the tables provided. Do not round interest rate factors, Enter your answers in dollare not in millions. Round "Market interest rate" to 1 decimal place. Round your final answers to the nearest whole dollar.) Answer is not complete. Hond Characteristics 5 S Face amount Interest payment Periods to maturity Market interest rate issue once Amount 39,000,000 117 20 0.393
