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Your company plans to issue bonds later in the upcoming year. But with the economic uncertainty and varied interest rates, it is not clear how

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Your company plans to issue bonds later in the upcoming year. But with the economic uncertainty and varied interest rates, it is not clear how much money the company will receive when the bonds are issued. The company is committed to issuing 3,000 bonds, each of which will have a face value of $1,000, a stated interest rate of 8 percent paid annually, and a period to maturity of 10 years. (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided.) Required: 1. Compute the bond issue proceeds assuming a market interest rate of 8 percent. (When computing proceeds, round the present value of the face amount and of the annual interest payment to the nearest thousand dollars.) Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. (Round "Bond Issue Price as a Percentage" to 2 decimal places.) ke Show All items Table or Calculator Function: Face Value of Bond Issuance from Future Value Market Interest Rate Present value of proceeds from bond issue Bond Issue Price as a Percentage of Face Value Future value of $1 Future value of annuity of $1 Present value of $1 2. Compute the bond issue proceeds assuming a market interest rate of 7 percent. (When computing proceeds, round the present value of the face amount and of the annual interest payment to the nearest thousand dollars.) Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. (Round "Bond Issue Price as a Percentage" to 2 decimal places.) s Table or Calculator Function: Face Value of Bond Issuance from Future Value Market Interest Rate Present value of proceeds from bond issue Bond Issue Price as a Percentage of Face Value 15+ % 3. Compute the bond issue proceeds assuming a market interest rate of 9 percent. (When computing proceeds, round the present value of the face amount and of the annual interest payment to the nearest thousand dollars.) Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. (Round "Bond Issue Price as a Percentage" to 2 decimal places.) Table or Calculator Function: Face Value of Bond Issuance from Future Value Market Interest Rate Present value of proceeds from bond issue Bond Issue Price as a Percentage of Face Value % %

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