Question: ASAP TR13-4 Debt Present Value (LO 13-2) Prentice Ltd. was authorized to issue $4,500,000 of 10-year, 6% bonds payable on 1 August 202. The bonds

ASAP ASAP TR13-4 Debt Present Value (LO 13-2) Prentice Ltd. was authorized to

TR13-4 Debt Present Value (LO 13-2) Prentice Ltd. was authorized to issue $4,500,000 of 10-year, 6% bonds payable on 1 August 202. The bonds are due on 31 July 2012. Interest payments dates were 311 July and 31 January. The bond was sold to yield 8%. PV of S1. PVA of 51 and PVAD of 51 ) (Use appropriate factor(s) from the tables provided.) Required: 1. Calculate the proceeds from issuance. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) 2. Calculate the proceeds from issuance if the yield rate II 5% and the bond is issued on 1 August 204, still with a maturity date of 31 . July 2012. (Round time value factor to 5 decimal places. Do not round intermediate calculations. Round your answer to the nearest whole dollar amount) 3. Calculate the proceeds from issuance if the yleld rate is 8%, and the bond is issued between interest dates, on 10 October 202, still with a maturity date of 31 July 2012 . Exclude accrued interest. (Round time value factor to 5 decimal places. Do not round Intermediate calculations. Round your answer to the nearest whole dollar amount.)

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