Select the timeline that depicts the bond's cash outflows. OA. K On January 1, the Mead Corporation issued bonds in the amount of $15,000 that will be paid in 3 years. Interest of $700 is payable semiannually each January 1 and July 1 with the first interest payment at the end of the period, on July 1 of the current year. Requirement Draw a time line of the bond's cash outflows. If the market rate of interest is 8%, what is the amount of the bond issue proceeds (cash received) when Mead Corporation issued the bonds? (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Future Value of an Ordinary Annuity table.) (Click the icon to view the Present Value of an Ordinary Annuity table.) (Click the icon to view the Present Value of an Annuity Due table.) (Click the icon to view the Future Value of an Annuity Due table.) F t = 0 OB. PV=X $700 OC. t=0 1 t=0 1 $700 2 $700 $700 $700 H 1 2 2 D. PV Single Sum = ? t=0 $700 3 1 $700 PV Ordinary Annuity= ? $700 3 3 $700 $700 $700 $700 $700 $700 $700 $700 $700 $700 // 8 $700 2 4 $700 4 4 $700 5 5 $700 3 6 Question 9, EP7-33 (similar to) Part 2 of 2 5 6 $700 $700 $700 4 $15,000 FV Single Sum = ? 7 $700 FV Ordinary Annuity = ? T=6 8 $15,000 $700 $700 $700 $700 ( 5 T=6 9 10 > FVOA=X HW Score: 97.83%, 22.5 of 23 points Points: 0.5 of 1 10 Save Now, determine the amount of the bond issue proceeds (cash received) when Mead Corporation issued the bonds? (Use the present value and future value tables, a financial calculator, a spreadsheet or the formula method f your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal places, X.XXXXX. Round your final answer to the nearest cent, $X.XX.) The amount of bond issue proceeds (cash received) is

the period, en July 1 of the current year Requirement Deas a time ine of the bonds cash osiflows. it the maket rate of intecest a BK, what is the amount of be bond issut proceeds (cash received) when Mead Conporation issued the bonds? (Click the icen to view the Future Vwive of $1 table) (Click phe icon to view the Preserc Valye of $1 table) (Click the ioon to view tra Future Vaue of an Ondrary Annuly tasle) (Cleck the icon to vere the Future Vave of an Anmuty Due table) Seisct the timeine that degich the bonds cenh outhow. The amount bond asue proceeds (cash receved) is the period, en July 1 of the current year Requirement Deas a time ine of the bonds cash osiflows. it the maket rate of intecest a BK, what is the amount of be bond issut proceeds (cash received) when Mead Conporation issued the bonds? (Click the icen to view the Future Vwive of $1 table) (Click phe icon to view the Preserc Valye of $1 table) (Click the ioon to view tra Future Vaue of an Ondrary Annuly tasle) (Cleck the icon to vere the Future Vave of an Anmuty Due table) Seisct the timeine that degich the bonds cenh outhow. The amount bond asue proceeds (cash receved) is