Question: Bramble Corp. issues $5120000, 7%, 5-year bonds dated January 1, 2020 on January 1, 2020. The bonds pay interest semiannually on June 30 and December

Bramble Corp. issues $5120000, 7%, 5-year bonds dated January 1, 2020 on January 1, 2020. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 6%. What are the proceeds from the bond issue? Present value of a single sum for 5 periods Present value of a single sum for 10 periods Present value of an annuity for 5 periods Present value of an annuity for 10 periods 3.0% 0.86261 0.74409 4.57971 8.53020 3.5% 0.84197 0.70892 4.51505 8.31661 6% 0.74726 0.558391 4.21236 7.36009 7% 0.71299 0.50835 4.10020 7.02358 O $5336038 O $5120000 O $5336853 O $5338353

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