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tatthison Harcourt plans to issue $600,000 face value bonds with a stated interest rate of 10%. They will mature in 5 years. Interest wili be

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tatthison Harcourt plans to issue $600,000 face value bonds with a stated interest rate of 10%. They will mature in 5 years. Interest wili be paid iemiannually. At the date of Issuance, assume that the market rate is (a) 10%,(b)8%, and (c) 12%. Use the appropriate present value table: PV of $1 and PV of Annuity of $1 Required: For each market interest rate, answer The following questions. Round calculations and answers to the nearest whole dollac. Due to differences in rounding when using the present value factors, you need to round your answer for the ISSUE PRICE in the first column anly to the nearest 100. The following terms relate to independent bond issues: a. 470 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments b. 470 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments c. 860 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments d. 1,900 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments Use the appropriate present value table: PV of $1 and PV of Annuity of $1 Required: Assuming the market rate of interest is 10%, caiculate the seting price for each bond issue. If required, round your intermediate calculations and final answers to the nearest doliar

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