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Yoro Sidibe | 11/2 = Homework: Chapter 7 Homework HW Score: 23.33%, 2.33 of 10 points O Points: 0 of 2 Requirement Determine the bond
Yoro Sidibe | 11/2 = Homework: Chapter 7 Homework HW Score: 23.33%, 2.33 of 10 points O Points: 0 of 2 Requirement Determine the bond issue proceeds for each of the following bonds payable. All bonds are issued on January 1, 2019 A (Click the icon to view the bonds payable.) (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Future Value of an Ordinary Annuity table.) (Click the icon to view the Future Value of an Annuity Due table.) (Click the icon to view the Pres table.) (Click the icon to view the Pres Ordinary Annuity table.) (Click the icon to view the Pres Annuity Due table.) ... a. Bellingham Corporation issued bonds in the amount of $1,280,000 that will be paid in 7 years. Interest of $38,400 is payable semiannually each June 30 and December 31 with the first interest payn of the first period on June 30, 2019. If the market rate of interest is 10%, what is the amount of the bond issue proceeds? (Use the present value and future value tables, a financial calculator, or a spre your calculations. If using present and future value tables or the formula method, use factor amounts rounded to five decimal nlaces X XXXXX Round your final answer to the nearest cent_$X XX.) The bond issue proceeds are $ More info w a. Bellingham Corporation issued bonds in the amount of $1,280,000 that will be paid in 7 years. Interest of $38,400 is payable semiannually each June 30 and December 31 with the first interest payment at the end of the first period on June 30, 2019. If the market rate of interest is 10%, what is the amount of the bond issue proceeds? b. Tandy Corporation issued bonds in the amount of $4,200,000 that will be paid in nine years. Interest of $84,000 is payable semiannually each June 30 and June 30, 2019. If the market rate of interest is 10%, what is the amount of the Winddws of on bond issue proceeds? Go to Settings to act heck a Help me solve this Etext pages Get more help
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