Question: 10/ I need help Requirement Determine the bond issue proceeds for each of the following bonds payable. All bonds are issued on January 1,2023 (Click
Requirement Determine the bond issue proceeds for each of the following bonds payable. All bonds are issued on January 1,2023 (Click the icon to vew 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 Annuty table) (Click the icon to view the Present Value of $1 table) (Click the icon to view the Future Value of an Annuty Due table) (Click the icon to view the Present Value of an Ordinar (Click the icon to view the Present Value of an Annuify Requirement a. Safron Corporation issued bonds in the amount of $100,000 that will be paid in nine years interest of $9,000 is payable annually each December 31 wi end of the year on Decomber 31,2023 . If the market rate of interest is 5%, what is the amount of the bond issue proceeds? (Use the present value and fufure value table financial calculator, or a spreadsheot for your calculations. If using present and future value tables or the formula method, use factor arnounts rounded to five decimal pla intermediary currency computations and your finat answor to the nearest cent, $ ) The bond issue proceeds are
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