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S S Q6. On January 1, 2024, XYZ issued five-year bonds with a face amount of $1,000,000 and a stated interest rate of 6%
S S Q6. On January 1, 2024, XYZ issued five-year bonds with a face amount of $1,000,000 and a stated interest rate of 6% payable semiannually on June 30 and December 31. The market yield for bonds of similar risk and maturity was 5%. Future value Present value Present Future Present value of an of an ordinary value of an Valsta of 1 af 1 ordinary annuity annuity annuity due 1.27628 0.78353 5.52563 4.32948 4.54595 596 1.33823 0.74726 5.63709 4.21236 4.46511 6% 10 1.28008 0.78120 11.20338 8.75206 8.97087 2% % 10 10 1.34392 0.74409 11.46338 8.53020 8.78611 3% 10 1.62889 0.61391 12.57789 7.72173 8.10782 5% 10 1.79085 0.55839 13.18079 7.36009 7.80169 696 1. Determine the issue price of the bonds. blank space) (provide the total issue price of the bonds in the
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