Question: (3) (Appendix 9A) Calculating Bond Issue Price On January 1, University Theatres issued $544,000 face value of bonds. The stated rate is 8%, and interest


(3) (Appendix 9A) Calculating Bond Issue Price On January 1, University Theatres issued $544,000 face value of bonds. The stated rate is 8%, and interest is paid semiannually on J an Annuity. Do not round intermediate calculations. Round factors to five decimal places and final answers to the nearest dollar. Requiredt a. Assuming the market rate of interest is 6%, calculate at what price the bonds are issued. b. Assuming the market rate of interest is 10%, calculate at what price the bonds are issued. d semiannually on June 30 and December 31. The bonds mature in 15 years. Use Future Value of a Single Amount, Present Value of a single Amount, Future Val nearest dollar. E mature in 15 years, Use Future Value of a 5 ingle Amount, Present Valae of a Bingle Amount, Future Value of an Annuity and Present Value of
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