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Requirement Determine the bond issue proceeds for each of the follewing bonds payable. All bonds are issued on Jarnary 1, 2023 (Click the icon to

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Requirement Determine the bond issue proceeds for each of the follewing bonds payable. All bonds are issued on Jarnary 1, 2023 (Click the icon to viow the bonds payable) (Click the icon to viow the future Value of $1 table) (Click the icon to view the Present Value of $1 table.) (CSick the icon to view the Future Value of an Ordinary Annuity tablo) (Click the icon to view the Present Value of an Orofnary Mrnuity tabin) (CFck the icon to view the Future Value of an Annuity Due table.) (Click the icon to viow the Present Value of an Annuily Due table) More info a. Suppa Corporation issued bonds in the amount of $110,000 that will be paid in nine years. Interest of $12,100 is payable annually each December 31 with the first interest payment at the end of the year on December 31,2023. If the market rate of interest is 7%, what is the amount of the bond issue proceeds? b. Melborne Corporation issued bonds in the amount of $900,000 that will be paid in 10 years. Interest of $9,000 is payable semiannually each June 30 and December 31 with the first interest payment at the end of the period on June 30,2023 . If the market rate of interest is 4%, what is the amount of the bond issue proceeds

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