Saved Help Save & Exit Submit Submit On January 1, 2021, Water Wonderland issues $20 million of 5% bonds, due in ten years, with interest payable semiannually on June 30 and December 31 each year. Use Table 2 and Table 4. 1. If the market rate is 4%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price. (Round "PV Factor" to 5 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount. Enter your answer in dollars, not in millions.) The bonds issue at and the issue price is 2. If the market rate is 5%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price. (Round "PV Factor" to 5 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount. Enter your answer in dollars, not in millions.) The bonds issue at and the issue price is 3. If the market rate is 6%, wif the bonds issue at face amount, a discount, or a premium? Calculate the issue price. (Round "PV Factor" to 5 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount. Enter your answer in dollars, not in millions.) The bonds issue at and the issue price is TABLE 2 Present Value of $1 $1 PV- NI 1.09 1.5% 2.0% 3.0 3.5% 4.0% 4.5% SON 5.5 6.0% 7.0% 8.0% 10.0% 11.06 12.09 13.0 1 0.99010 0.08522 0.00030 0.97561 0.97087 0.96618 0.96154 0.95404 0.05238 0.04787 0.94340 0.93458 0.92593 0.01745 0.000 0.00090 0.10286 0.88496 2 0.00030 0.07046 0.9117 0.95181 0.94260 0.93351 0.92456 0.01573 0.0003 0.00245 0.19000 0.87344 0.85734 0.84168 0.82645081162 0.79719 0.78915 3 0.97059 0.95632 0.4232 0.92860 0.91514 0.90194 0.89900 0.87630 0.36354 0.85161 0.80462 0.81630 0.79303 077218 0.75131 0.73119 0.71178 0.893OS 4 0.96098 0.4218 0.92385 0.90595 0.00049 0.87144 0.85480 0.83856 0.82270 0.80722 0.79200 0.76290 0.73503 070843 0.68001 0.65873 0.63552 0.61332 5 0.95147 0.92826 0.90573 0.88385 0.86261 0.84197 0.82193 0.00245 0.7835) 0.76513 0.74726 0.71299 0.68058064993 0.62092 0.0345 0.56743 0.54276 6 094205 0.01454 0.80797 0.36280 0.82740 0.81350 0.70001 0.78790 0.7422 0.72525 0.7044 044634 0.63017 0.50.27 0.56417 0.53464 0.50463 048032 7 0.93272 0.90103 0.87056 0.84127 0.81300 0.79590 0.75002 0.783 0.71068 0.48744 0.66506 0.42275 0.58340 0.54703 0.51316 0.48166 0.45235 0.42506 . 0.92348 0.88771 0.85340 0.82075 070041 0.75041 0.70 0.70319 047604 0.05160 0.62741 0.58201 0.54027 0.50187 046651 0.43003 0.40388 0.37616 9 0.91434 0.87459 0.83676 0.80073 0.76642 0.73373 0.70259 0.67290 044461 081763 0.50100 0.54393 0.50025 0.4043 042410 0.1992 0.1061 0.33288 10 0.90529 0.86167 0.82035 0.78120 0.74400 0.70992 0.67556 0.64.93 0.61301 0.583 0.558 0.500035 0.46319 0.42241 0.30554 0.35218 0.32197 0.29459 11 0.09632 O 893 0.80426 0.76214 0.72242 0.48495 0.64958 0.61620050468 0.55491 0.52679 0.47500 0.42888 0.38753 0.35040 031728 0.28748 0.26070 12 0.88745 0.83639 0.78849 0.74356 0.70138 0466170 0.62460 0.50966 0.55684 0.52598 0.49097 0.44401 0.12711 0.35553 0.31863 0.28584 0.25668 0.23071 13 0.87866 0.82403 0.77303 0.72542 0.68095 0.67940 0.57 0.56427 0.53032 0.4056 0.46884 0.41496 01770 0.32618 0.20966 0.25751 0.22917 0.20416 14 0.86996 0.81185 0.75788 0.70773 0.66112 0.61778 057740 0.59997 050507 0.47257 0.44230 0.3678201046029925026333 0.231990-20462 0.100 15 0.86135 0.10055 0.74301 0.60047 0.64136 0.59680055526 0.51672 0.481020.44793 0.41727 0.36245 0.31524027454 0 2000 200000.182700.15000 16 0.85282 0.78803 0.72845 0.67362 0.62317 0.57671 0.53391 0.49447 0.45811 0.42458 0.9365 0.33873 0.29180 0.251870.21763 0.10029 0.16912 0.14150 17 0.84498 0.77639 0.71416 0.65720 0.00502 0.55720 0.51337 0.47318 047630 0.40245 0.37136 0.31657 0.27027 023107 0.19784 0.16963 0.14564 0.12522 18 083602 0.76491 0.70016 0.64117 0.587 0.53836 0.49363 0.45280 041552 038147 015034 0.29586 0.25025021199 0.17986 0.15282 0.130040.11081 19 0.82774 0.75361 0.68643 0.42553 0.57029 0.52016 0.47464 0.43330 0.39573 0.36158 0.33051 0.27651 0.23171 0.19449 0.16351 0.13768 0.11611 0.09806 20 0.81954 0.74247 0.67207 0.61027 0.55 0.50257 0.45630 0.41464 0.37689 034273 0.31180 0.25842 0.21455 0.1784) 0.1414 0.12403 0.10067 0.00678 21 0.81143 0.73150 065978 0.59539 053755 0.48557 0.43883 0.39679 0.35894032486 0.20416 024151 0.19866 0.16370 0.13513 0.11174 0.09256 0.07680 22 0.80340 0.72069 0.64684 0.58086 0.52189 0.46015 0.42196 0.37970 0.34185 0.30793 0.27751 0.22571 0.189940.15018 0.12285 0.10067 0.00264 0.06796 23 0.79544 0.71004 063416 0.56670 050660 0.45320 0.40573 0.36335032557 0.29187 0.26100 0.21095 0.170320.13778 0.11168 0.000 0.07379 0.06014 24 0.78757 0.60054 0.42172 0.55288 0.49193 0.43796 0.39012 0.34770 0.31007 0.27666 0.24698 0.19715 0.15770 0.12640 0.10153 0.00170 0.06588005323 25 077977 0.60921 060053 050039 0.47761 0.42315 0.37512 0.33273 0.29530 0.26223 0.23300 0.18425 0.146020.11597 0.09230 0.07361 0.05882 0.04710 30 0.74192 0.63976 0.55207 0.47674 0.41199 0.35628 0.30832 0.26700 023138 0.20064 0.17411 0.13137 0.00938 0.07537 0.05731 0.04368 0.03338 0.02557 35 0.70591 0.59387 0.50003 0.42137 0.35538 0.29998 0.25342 021425 0.18129 0.15352 0.13011 0.00366 0.05763 004890 0.00558 0.02592 0.01894 0.0118 40 0.67165 0.55126 0.45280 0.37243 0.30656 0.25257 020129 0.17193 0.14205 0.11746 0.09722 0.06678 0.04603 0.03184 002209 0.01538 0.01075 0.00753 45 0.63905 0.51171 0.41020 0.32917 0.26444 0.21266 0.17120 0.13796 0.11130 0.08988 0.07265 0.04761 0.03133 0.02060 0.0172 0.00013 0.00610 0.00409 50 060804 0.47500 0.37153 0.29094 0.22811 0.17905 0.14071 0.11071 0.08720 0.06877 0.05429 0.03.395 0.02132 001345 0.00852 0.00542 0.00346 0.00022 TABLE 4 Present Value of an Ordinary Annuity of $1 PVA - *** II 1.0% 1.5% 2.0 2.5% 3.0% 3.5 4.0% 4S 5.0% 5.5% 6.0% 7.0% 8.0% 9.0 10.0% 11.0% 12.0% 13.0% 1 0.99010 0.00522 0.98039 0,07561 0.07087 0.06618 8.96154 0.9560 0,05238 0.04787 0.01340 0.93458 0.02593 0.01743 0.000 0.00090 0.9286 0.88496 2 1.97040 1.95588 1.94156 1.92742 1.91347 1.899691.88600 1.87267 1.85041 1.1632 1.83339 1.80802 1.78326 125911 1.73554 1.71252 1.69005 1.66810 3 2.94099 2.91220 288.386 285602 2.82861 2.80164 2.77509 2.74896 2.72325 2.99793 2.67301 2.62432 2.57710 2.53129 2.48605 2.44371 240183 2.36115 4 3.90197 3.85438 2.80773 3.76197 3.71710 3.67308 3.62990 3.58753 3.54595 3.50515 3.46511 3.38721 3.31213 3.23972 216987 3.10245 3.03735 2.9747 4.85343 4.70264 471346 4.64589 4.57971 4.51505 4.45182 4.38998432948 4.27028 4.21236 4.10020 3.99271 3.88965 2.79079 3.69590 3.60478 3.51723 6 579548 5.60719 5.60143 5.50813 541719 5.32055 5.24214 5.15787 5.07560 4.99553 401732 4.76654 4.62288 4.48592 4.35526 4.23054 4.11141 3.99755 7 6.72819 6.59821 6.47199 6.3490 6.23028.6.11454 6,00205 5.89270 5.786375.68297 5.58230 5.38929 5.20637 5.03295 4.86842 4.71220 456376 4.42261 8 7.65168 7.48593 7.32548 7.17014 701969 6.87396 6.73274 6.59589 6,46321 6.33457 6.20979 5.97130 5.74664 9.53482 5.33493 5.14612 4.96764 4.79877 9 8.56602 8.36052 8.16224 7.970077.78611 760789743533 726879 7.10782 6.95220 6.80169 6.51523 6.24689 5.99525 5.75002 5.53705 5.32825 5.13166 10 947130 9.22218 8.98259 8.75206 8.53020 8.31661 8.11090 7.91272 7.72173 7.53763 76009 7.02358 671008 6.41766 6.14457 5.88923 5.65022 5.42624 11 10.36763 10.07112 9.786859.51421 9.25262 9.00155 8.76048 8.52892 8.30641 8.09254 7.88687 7.49867 7.13096 6.80519 6.49506 6.20652 5.93770 5.68604 12 11.25508 10.90751 10.57534 10.25776 9.95400 9.46333 938507 9.11858 8.66325 8 61852 8.38384 7.94260 7.5 MB 7.16073 6.81369 6.49236 6.19437 591765 13 12.13374 11.73153 11.34837 10.98319 10.63496 10.30274 9.08565 9.68285 9.39357911708 8.85268 8.35765 7.90378743690 7.10336 6.74087 6.42355 6.12181 14 13.00370 12.54338 12.10625 11.69001 11.29607 10.02052 10.56312 10.22283 9.89864 0.5095 0.20408 8.74547 8.24424 7.78615 7.36669 6.98187 6.62817 6.30249 15 13.86505 13.34323 12 84926 12.38138 11.93794 11.51741 11.118.30 10.73955 10.37966 10.03758 9.71225 9.10791 8.55048 3.06069 7.60608 7.10087 6.81085 6.46238 16 14.71787 14.13126 12.57771 13.05500 12.56110 12.09412 11.65230 11 23402 10 83777 10.46216 10.10590 9.446658.85137 8.31256 7.82371 7.37916 6.97390 6.60388 17 15.56225 14.90765 14.29187 13.71220 13.16612 12.65132 12.16567 11.70719 11 27407 10.36461 10.47726 976322 9.12164 8.54363 8.02155 7.54879 7.11963 6.72909 18 16.39827 15.67256 14.99203 14,35336 1375351 13.18968 1265930 12.15999 11.68950 11.24607 10.82760 10.05909 9.37180 8.75563 8.20141 7.70162 7.24967 6.83991 19 1722601 16 42617 15.67846 14.97899 1432380 13.70984 13.13994 12 59329 12.08532 11.60765 11.15812 10.33560 9.60360 8.05011 R.36492 7.89929 7.6578 6.93797 20 18.04555 17.16864 16,35143 15.58016 14.87747 14.21240 13.59033 13.00794 12.46221 11.95038 11 46992 10.50001 0.81815 0.12855 8.51356 7.96333 746944 7.02475 21 18.85.698 17.90014 17.01121 16.18455 15.41502 14.69797 14.02916 13 40472 1282115 12.27524 11.76408 10.83553 10.01680 9.29224 MO 8.07507 7.56200 7.10155 22 19.66038 18.6.2012 17.65805 16.76541 15.93692 15.16712 14.45112 13.78442 13.16300 12.58317 12.04158 11.06124 10.20074 9.44243 8.77154 8.17574 764465 7.16951 23 20.45582 19.33086 18.29220 17 33211 16.44361 15.62041 14,85684 14.14777 1348857 12.87504 12.30338 1127219 10.37106 0.58021 888322 826643 7.71343 7.22966 24 21.243.39 20.03041 18.91393 17.88499 16.93554 16.05837 15.24696 14.49540 13.79864 13.15170 12.55036 11 46933 10.52876 9.70661 8.98474 8.34814 7.78432 7.28288 25 22.02316 20.71961 19.52346 18.42438 17 41315 16.48151 15.62208 14.82821 14.09394 13.41393 12.78336 1165358 10.67478 0.82258 0.07704 8.42174784314 7.32998 30 25.60771 24.01584 22.39646 20.93029 19.60044 18.39205 17.29203 16 28880 15.37245 1453375 13.76483 1240904 11.25778 10.27365 9.42601 8.69379 8.05518 7.49565 35 29.40858 27.07559 24.90862 23.14516 2148722 20.00056 18.66461 17.46101 16 37410 15.30055 14.49825 1204767 11.65457 10.56682 9.64416 8.85524 8.17550 7.58557 40 32.83450 29.91585 27.35548 25.10278 23.11477 21.35507 10.79277 18.40158 17.15900 1604612 15.04630 13.33171 11.92461 10.75736 9.77905 895105 8.24378 7.63438 45 36.09451 32.55234 20.40016 26.83302 2451871 22.49545 20.72004 19.15635 17.77407 16.54773 15.45583 1380552 12.10040 1088120 9.86281 9.00791 8.28252 766096 SO 39.19612 34.99969 31 42361 28.36231 25.72976 23.45562 21.48218 19.76201 18.25593 1693152 15.76186 13.80075 12.23348 10.96168 9.91481 904165 8.30450 7.67524