Question: 3 0 On January 1 , 2 0 2 4 , Tableau Company issues $ 1 0 million of 9 % bonds, due in six

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On January 1,2024, Tableau Company issues $10 million of 9% bonds, due in six years, with interest payable semiannually on June 30 and December 31 each year. Use a financial calculator or Excel.
Required:
If the market rate is 8%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price.
If the market rate is 9%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price.
If the market rate is 10%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price.
00:32:02
(Do not round intermediate calculations. Round final answer to the nearest dollar amount. Enter your answer in dollars, not in millions.)
3 0 On January 1 , 2 0 2 4 , Tableau Company

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