X Number for PRESENT VALUE OF BOND PROCEEDS Styles Cell C D E F G H I J K PRESENT VALUE OF BOND PROCEEDS 10 points A corporation issues $3,000,000 of 8%, 10 year bonds, interest payable semiannually. At the time the bonds are issued, the market rate is 12%. Determine the present value of the bonds at issuance using the present value table below. Show computations in good form. Present Value of Principal: PV of annuity PV of Bond Payable = REMEMBER TO ADJUST THE RATE AND THE PERIOD Hint: multiple the period by 2 (semiannual payment) and divide the rate by 2 (semiannual payment) Payroll Stocks & Dividends OPONIT VALUE OF Present Value Bonds MAS RATE PER PERSOO 2002593300 4001 978697067.96194 970008117.95161426004973 088900 SEROTO71203 RATE PER PERSOO 300 400 5 2.00 250 0.B5734 148 0 0 600 1. 1 519 0.76220 10 11 12 20M 2.77500 2.72320301 31171035 155 16511 COELITE 88483%98828 BE 541112524214 420 702 084401 0.167 0.52035078120 0.74409 0.67656 0.6139155839 08484.3046214 0.722420.5495856450 0.88745 0.8363 .70640 7456 0.70138 0.62450 0.550 082403 0.77303 0.81185 0.7578 70773 .00 11205775 O SOS07 38982 0.8613507990 .0 0 6904 1 05552 B6102041727 088722 70035057 37 53331 0.958440916 .68071 037136 0.31857 9560509141437418 20.78491760160.54117 0359340 25608 1 2990% 0.953879099 0.38785 2140753164 0330510 27651023171 20051290.90506 015119 0.019549.7047 0.672 0102 09118025542 0.21455 0.94092 0.900560854780.81145 0.79150 0 294160241500 0.94655 0 0.84542 0.00340 0.72069 0.5458405808052189 10277519 225700 23944190 891420 34210 79644 0.71004063416 0.56676 025160021090 094184000719 083583 078757 0.6995462172 .5620 0.979490882770821 0.7787706892 0.60353 023000845 1469 20 092783 0.36 103070019 0.74192 0.632605820704167 3591632 0.0342 OTEN 7080159301 S000 400.90495 081914 0.741656718555126 0.45200 2826377824 0.606040.47500371590 11 2072511.6180311434911.26508 10.575340 25.11 .15400 1547 12.77532125561512.34235 12 13374 11 34837 10.18318 105 2866 14 13.7495 13.4887113.2430213 09370125403612.1225 11.0 112150125 15 14.70470 14.41062141 1 326506 13.34323 19.64826 12.3816183994 11.1163910 7 1225 16 15.06504 1539990150241114,71787 14.1912013 1 3.06660 12.56110 11659301080777 18.62348142566015505625 2251450785 1429187 1371220131061212. 17 11.27407 18 17.5795317. 17277 16779100 2715 57250 14.00 14.30 13.7535112.40 11 8 10 276010 191853320 18.0823817 1 72260118.428111567846 549801412100 13.1309412.00112 11.15812 2016044818.9874218.002104555 17160841836145 1550916143770 1 245721 11. 1054 20.433401967 19.3628018396 5 0014 17.01121161545515.41502 14.029 18 1281151.74400 22 21.379962078450202112119.6663186200217.4500616,76541 152 1451123 .16300 12.04156 23 2232414 2158 2195130 20 45542 19 150 162992017.33211164436 14.45654 13.4605129930112721910210 24 23 26590225626721385152124130 20.0304 1891393171019 16.3965415 2469610.799541255036 1 05232 24 20547214456422.1876 22.0231820 71W 1952: 36 18.4343647.4131 13200 14000912.78311663 10. 64 17534 25.87712401564 2215646 20.9302919600417.29208 1537248137649 12.4999 3.3.472431203537 3066266 29.40658 27 7550 16.37419 14.43825 1294267 30.0193689722944943283400 215 225548102782311077979271 197927 1715909150630 46. 948171441421941.5064539.1981224 2 141 26 M231 23 2 14161825593 15.73100 13 BOOTS