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Saved Help Line following information applies to the questions displayed below! On January 1, 2021, Frontier World issues $39.2 million of 8% bonds, due in
Saved Help Line following information applies to the questions displayed below! On January 1, 2021, Frontier World issues $39.2 million of 8% bonds, due in 15 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, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. 3-6. If the market rate is 9%, calculate the issue price. (FV of $1. P of $1. EVA of S1 and PVA of $1 (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 39 200.000 5 Bond Characteristics Face amount Interest payment Periods to maturity Market Interest rate se price e . 6 re to search DELL Backspace E RT Enter D F C H I K L Shin weyi VII [The following information applies to the questions displayed below) On January 1, 2021, Frontier World issues $39.2 million of 8% bonds, due in 15 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, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. Required: 1-a. If the market rate is 7%, calculate the issue price. (FV of $1. PV of $1. EVA of S1, and PVA of $1 (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 39.200.000 5 Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price P o to search DOLL Backspace 6 E R Enter D F G H I K L Shiti
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