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TR13-4 Debt Present Value (LO 13-4) Prentice Ltd. was authorized to issue $2,000,000 of 10-year, 6% bonds payable on 1 August 20x2. The bonds are

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TR13-4 Debt Present Value (LO 13-4) Prentice Ltd. was authorized to issue $2,000,000 of 10-year, 6% bonds payable on 1 August 20x2. The bonds are due on 31 July 2012 Interest payments dates were 31 July and 31 January. The bond was sold to yleld 8%. (ey of $1. PVA of $1, and PVAD of S1) (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the proceeds from Issuance. (Round time value factor to 5 decimal places. Do not round intermediate calculations Round your answer to the nearest whole dollar amount.) Proceeds from issuance ces 2. Calculate the proceeds from Issuance of the yield rate is 5% and the bond is issued on 1 August 20x4, still with a maturity date of 31 July 2012. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Proceeds from issuance 3. Calculate the proceeds from Issuance of the yleld rate is 8%, and the bond is issued between interest dates, on 1 October 20X2, still with a maturity date of 31 July 2012. Exclude accrued interest (Round time value factor to 5 decimal places. Do not round intermediate calculations, Round your answer to the nearest whole dollar amount.) Procoods from issuance Prey 1 of 3 !!! Score answer >

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