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rug question Computing Present Values for Bonds, Notes, and Leases Broderick Company entered into the following transactions in the current year, a. On December

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rug question Computing Present Values for Bonds, Notes, and Leases Broderick Company entered into the following transactions in the current year, a. On December 31, the company issued 6% 15-year, $12,000 bonds that pay cash interest semiannually on June 30 and December 31. The market rate of interest for bonds with similar risk is 7% b. The company purchased equipment on December 30. The seller agreed to accept a down payment of $12,000 and a two-year, noninterest-bearing note of $54,000 (this amount includes the principal and all interest) due in two years. Assume that the market rate of interest for this debt is 13% The company leased a building beginning on December 31, for 10 years that requires annual lease payments of $72,000 with the first lease payment due immediately on December 31. The market rate of interest for this lease is 6% Required Compute the present value as of December 31, for the (a) bond, (bl noninterest bearing note, and (c) lease liability Note: Round your answers to the nearest whole dollar Note: Do not use a negative sign () with your answers (a)5 0 (b) $ 0 (c) $ 0

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