Question: can you please explain how to get all numbers Ultimate Butter Popcorn issues 5%, 20-year bonds with a face amount of $40,000. The market interest

can you please explain how to get all numbers

Ultimate Butter Popcorn issues 5%, 20-year bonds with a face amount of $40,000. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually, At what price will the bonds issue? (FV of $1. PV of $1. FVA of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round "Market interest rate" to 1 decimal place.) Bond Characteristics Face amount Interest payment Market interest rate Periods to maturity Issue price Amount $ 40,000 $ 1,000 3.0% 40 $ 40,000

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