Submission 2 (12 points) - You must submit your completed Bonds portion of the financing options tab and the Bonds portion of the partial balance sheets and the bonds formulas tab completed.

KTZFIG Consulting and Sales Inc
Cash Received/Annual Cash Payment Requirement
The company could issue $3,000,000 of long-term bonds, due in 8 years with a stated rate of interest, paid semiannually, of 4%. The market rate for similar debt is 6%.
	Cash Received				Annual Cash Required
	Face amount
	Face rate
	Interest Payment periods
	Interest Payment
	Term
	Periods
	Market rate
	PV factors used		single sum
			annuity
	PV face
	PV interest
The company could issue $2,500,000 of long-term bonds, due in 7 years with a stated rate of interest, paid semiannually, of 6%. The market rate for similar debt is 4%.
	Cash Received				Annual Cash Required
	Face amount
	Face rate
	Interest Payment periods
	Interest Payment
	Term
	Periods
	Market rate
	PV factors used		single sum
			annuity
	PV face
	PV interest