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Trew Company plans to issue bonds with a face value of $906,500 and a coupon rate of 6 percent. The bonds will mature in 10

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Trew Company plans to issue bonds with a face value of $906,500 and a coupon rate of 6 percent. The bonds will mature in 10 years and pay interest semiannually every June 30 and December 31. All of the bonds are sold on January 1 of this year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Determine the issuance price of the bonds assuming an annual market rate of interest of 8.0 percent. Issuance price Future Value Factor for a Single Present Amount (Interest rate = r, Number of periods = n) nir COCO NOGAWIN- 1% 1.0100 1.0201 1.0303 1.0406 1.0510 1.0615 1.0721 1.0829 1.0937 1.1046 1.1157 1.1268 1.1381 1.1495 1.1610 1.1726 1.1843 1.1961 1.2081 1.2202 2% 3% 4% 5% 6% 7% 8% 9% 1.0200 1.0300 1.0400 1.0500 1.0600 1.0700 1.0800 1.0900 1.0404 1.06091.0816 1.1025 1.1236 1.1449 1.1664 1.1881 1.0612 1.0927 1.1249 1.1576 1.1910 1.2250 1.2597 1.2950 1.0824 1.1255 1.1699 1.2155 1.2625 1.3108 1.3605 1.4116 1.1041 1.1593 1.2167 1.2763 1.3382 1.4026 1.4693 1.5386 1.1262 1.1941 1.2653 1.3401 1.4185 1.5007 1.5869 1.6771 1.1487 1.2299 1.3159 1.40711.5036 1.6058 1.71381.8280 1.1717 1.2668 1.3686 1.4775 1.5938 1.7182 1.8509 1.9926 1.1951 1.3048 1.4233 1.55131.6895 1.8385 1.9990 2.1719 1.21901.3439 1.4802 1.6289 1.7908 1.9672 2.1589 2.3674 1.2434 1.3842 1.5395 1.7103 1.8983 2.1049 2.3316 2.5804 1.2682 1.4258 1.6010 1.7959 2.0122 2.2522 2.5182 2.8127 1.2936 1.4685 1.6651 1.8856 2.13292.4098 2.7196 3.0658 1.3195 1.5126 1.7317 1.9799 2.26092.5785 2.9372 3.3417 1.34591.55801.8009 2.0789 2.3966 2.75903.1722 3.6425 1.3728 1.6047 1.8730 2.1829 3.4259 3.9703 1.4002 1.6528 1.94792.2920 2.6928 3.1588 3.7000 4.3276 1.4282 1.7024 2.0258 2.8543 3.3799 3.9960 4.7171 1.4568 1.7535 2.1068 2.5270 3.0256 3.6165 4.3157 5.1417 1.4859 1.8061 2.19112.6533 3.2071 3.8697 4.66105.6044 10% 11% 12% 13% 14% 15% 1.1000 1.1100 1.1200 1.1300 1.1400 1.1500 1.2100 1.2321 1.2544 1.27691.2996 1.3225 1.33101.3676 1.4049 1.4429 1.48151.5209 1.4641 1.51811.5735 1.63051.6890 1.7490 1.6105 1.6851 1.7623 1.84241.9254 2.0114 1.7716 1.8704 1.9738 2.0820 2.1950 2.3131 1.9487 2.0762 2.2107 2.35262.5023 2.6600 2.1436 2.3045 2.4760 2.6584 2.8526 3.0590 2.3579 2.5580 2.7731 3.0040 3.2519 3.5179 2.59372.8394 3.1058 3.3946 3.70724.0456 2.8531 3.1518 3.4785 3.8359 4.2262 4.6524 3.1384 3.4985 3.8960 4.3345 4.81795.3503 3.4523 3.8833 4.3635 4.8980 5.4924 6.1528 3.7975 4.3104 4.88715.5348 6.2613 7.0757 4.1772 4.7846 5.4736 6.2543 7.13798.1371 4.5950 5.31096.1304 7.0673 8.1372 9.3576 5.0545 5.89516.8660 7.9861 9.2765 10.7613 5.5599 6.5436 7.6900 9.0243 10.5752 12.3755 6.11597.2633 8.6128 10.1974 12.0557 14.2318 6.7275 8.0623 9.646311.5231 13.7435 16.3665 16% 17% 1.1600 1.1700 1.3456 1.3689 1.56091.6016 1.8106 1.8739 2.1003 2.1924 2.4364 2.5652 2.8262 3.0012 3.2784 3.5115 3.8030 4.1084 4.4114 4.8068 5.1173 5.6240 5.9360 6.5801 6.8858 7.6987 7.9875 9.0075 9.2655 10.5387 10.7480 12.3303 12.4677 14.4265 14.4625 16.8790 16.7765 19.7484 19.4608 23.1056 17 18 Present Value Factor for a Single Future Amount (Interest rate = r, Number of periods = n) nir PERPF 1% 2% 3% 4% 0.9901 0.9804 0.9709 0.9615 0.9803 0.9612 0.9426 0.9246 0.9706 0.9423 0.9151 0.8890 0.9610 0.9238 0.8885 0.8548 0.9515 0.9057 0.8626 0.8219 0.94200.8880 0.8375 0.7903 0.9327 0.8706 0.8131 0.7599 0.9235 0.8535 0.7894 0.7307 0.91430.8368 0.7664 0.7026 0.9053 0.8203 0.7441 0.6756 0.8963 0.8043 0.7224 0.6496 0.8874 0.7885 0.7014 0.6246 0.8787 0.7730 0.6810 0.6006 0.8700 0.75790.6611 0.5775 0.8613 0.7430 0.64190.5553 0.8528 0.7284 0.6232 0.5339 0.8444 0.7142 0.6050 0.5134 0.8360 0.7002 0.5874 0.4936 0.8277 0.6864 0.5703 0.4746 .8195 0.6730 0.5537 0.4564 5% 6% 7% 0.95240.94340.9346 0.9070 0.8900 0.8734 0.8638 0.8396 0.8163 0.8227 0.7921 0.7629 0.7835 0.7473 0.7130 0.7462 0.7050 0.6663 0.7107 0.6651 0.6227 0.6768 0.6274 0.5820 0.6446 0.5919 0.5439 0.6139 0.5584 0.5083 0.5847 0.5268 0.4751 0.5568 0.4970 0.4440 0.5303 0.4688 0.4150 0.5051 0.4423 0.3878 0.4810 0.4173 0.3624 0.4581 0.3936 0.3387 0.4363 0.3714 0.3166 0.4155 0.3503 0.2959 0.3957 0.3305 0.2765 0.3769 0.3118 0.2584 8% 9% 10% 11% 12% 13% 14% 15% 0.9259 0.9174 0.9091 0.90090.89290.8850 0.8772 0.8696 0.8573 0.8417 0.8264 0.8116 0.7972 0.78310.7695 0.7561 0.7938 0.7722 0.7513 0.7312 0.7118 0.6931 0.6750 0.6575 0.73500.7084 0.6830 0.6587 0.6355 0.61330.5921 0.5718 0.68060.6499 0.6209 0.5935 0.5674 0.54280.5194 0.4972 0.6302 0.5963 0.5645 0.5346 0.5066 0.4803 0.4556 0.4323 0.5835 0.5470 0.5132 0.4817 0.4523 0.4251 0.39960.3759 0.5403 0.5019 0.46650.4339 0.4039 0.3762 0.35060.3269 0.5002 0.4604 0.4241 0.39090.3606 0.3329 0.3075 0.2843 0.4632 0.4224 0.38550.3522 0.3220 0.2946 0.2697 0.2472 0.4289 0.3875 0.3505 0.3173 0.2875 0.2607 0.23660.2149 0.3971 0.3555 0.3186 0.2858 0.2567 0.2307 0.2076 0.1869 0.3677 0.3262 0.28970.2575 0.2292 0.2042 0.18210.1625 0.34050.2992 0.2633 0.2320 0.2046 0.1807 0.1597 0.1413 0.3152 0.27450.2394 0.2090 0.1827 0.15990.1401 0.1229 0.2919 0.2519 0.2176 0.1883 0.1631 0.1415 0.1229 0.1069 0.2703 0.2311 0.1978 0.1696 0.1456 0.1252 0.1078 0.0929 0.2502 0.2120 0.1799 0.1528 0.1300 0.1108 0.0946 0.0808 0.2317 0.1945 0.1635 0.1377 0.1161 0.0981 0.0829 0.0703 0.2145 0.1784 0.1486 0.1240 0.1037 0.0868 0.0728 0.0611 16% 0.8621 0.7432 0.6407 0.5523 0.4761 0.4104 0.3538 0.3050 0.2630 0.2267 0.1954 0.1685 0.1452 0.1252 0.1079 0.0930 0.0802 0.0691 0.0596 0.0514 17% 0.8547 0.7305 0.6244 0.5337 0.4561 0.3898 0.3332 0.2848 0.2434 0.2080 0.1778 0.1520 0.1299 0.1110 0.0949 0.0811 0.0693 0.0592 0.0506 0.0433 20 0 Future Value Factor for an Ordinary Annuity (Interest rate = r, Number of periods = n) nir 2 NOGA 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 17% 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 2.0100 2.02002.0300 2.0400 2.0500 2.0600 2.0700 2.0800 2.0900 2.1000 2.1100 2.1200 2.1300 2.1400 2.1500 2.1600 2.1700 3.0301 3.0604 3.09093.1216 3.15253.1836 3.21493.24643.2781 3.3100 3.3421 3.3744 3.40693.4396 3.4725 3.5056 3.5389 4.0604 4.1216 4.1836 4.2465 4.3101 4.3746 4.4399 4.50614.5731 4.6410 4.7097 4.7793 4.84984.9211 4.99345.0665 5.1405 5.1010 5.2040 5.30915.4163 5.5256 5.6371 5.7507 5.86665.9847 6.1051 6.2278 6.3528 6.48036.6101 6.74246.8771 7.0144 6.1520 6.3081 6.4684 6.6330 6.80196.9753 7.1533 7.33597.5233 7.7156 7.9129 8.1152 8.3227 8.5355 8.7537 8.97759.2068 7.21357.4343 7.66257.89838.1420 8.3938 8.6540 8.9228 9.2004 9.4872 9.7833 10.0890 10.4047 10.7305 11.0668 11.4139 11.7720 8.2857 8.5830 8.89239.2142 9.5491 9.8975 10.2598 10.6366 11.0285 11.4359 11.8594 12 2997 12.7573 13.2328 13.7268 14.2401 14.7733 9.3685 9.7546 10.1591 10.5828 11.0266 11.4913 11.9780 12.4876 13.0210 13.5795 14.1640 14.7757 15.4157 16.0853 16.7858 17.5185 18.2847 10.4622 10.9497 11.4639 12.0061 12.5779 13.1808 13.8164 14.4866 15.1929 15.937416.7220 17.5487 18.4197 19.3373 20.3037 21.3215 22.3931 11.5668 12.1687 12.8078 13.4864 14.2068 14.9716 15.7836 16.6455 17.5603 18.5312 19.5614 20.6546 21.8143 23.0445 24.3493 25.7329 27.1999 12.6825 13.4121 14.1920 15.0258 15.9171 16.8699 17.8885 18.9771 20.1407 21.3843 22.7132 24.1331 25.6502 27 2707 29.0017 30.8502 32.8239 13.8093 14.6803 15.6178 16.6268 17.7130 18.8821 20.1406 21.4953 22.9534 24.5227 26.2116 28.0291 29.9847 32.0887 34.3519 36.7862 39.4040 14.9474 15.9739 17.0863 18.2919 19.5986 21.0151 22.5505 24.2149 26.0192 27.9750 30.0949 32.3926 34.8827 37.5811 40.5047 43.6720 47.1027 16.0969 17.2934 18.5989 20.0236 21.5786 23.2760 25.1290 27.1521 29.3609 31.7725 34.405437 2797 40.4175 43.8424 47.5804 51.6595 56.1101 17.2579 18.6393 20.1569 21.8245 23.6575 25.6725 27.8881 30.3243 33.0034 35.9497 39.189942.7533 46.6717 50.9804 55.7175 60.9250 66.6488 18.4304 20.0121 21.7616 23.6975 25.8404 28.2129 30.8402 33.7502 36.9737 40.5447 44.5008 48.8837 53.7391 59.1176 65.0751 71.6730 78.9792 19.6147 21.4123 23.4144 25.6454 28.1324 30.9057 33.9990 37.4502 41.3013 45.5992 50.3959 55.7497 61.7251 68.3941 75.8364 84.1407 93.4056 20.8109 22.8406 25.1169 27.6712 30.5390 33.7600 37.3790 41.4463 46.0185 51.1591 56.9395 63.4397 70.7494 78.9692 88.2118 98.6032 110.2846 1 22.0190 24.2974 26.8704 29.7781 33,0660 36.7856 40.9955 45.7620 51.1601 57.2750 64.ZUZB 7.2750 64.2028 72.0524 2.0524 80.9468 80.9468 91.0249 91. T 102.4436 115.3797 130.0329 493 14 16 17 18 19 20

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