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Rosh Corporation is planning to issue bonds with a face value of $ 8 0 0 , 0 0 0 and a coupon rate of
Rosh Corporation is planning to issue bonds with a face value of $ and a coupon rate of percent. The
bonds mature in four years and pay interest semiannually every June and December All of the bonds will be
sold on January of this year. of $ PV of $ FVA of $ and PVA of $
Note: Use appropriate factors from the tables provided. Round your intermediate calculations and final answers
to nearest whole dollar amount.
Required:
Compute the issue sales price on January of this year for each of the following independent cases:
a Case A: Market interest rate annual: percent.
b Case B: Market interest rate annual: percent.
c Case C: Market interest rate annual: percent.
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