Question: Draw Page Layout Formulas Data Review View Help Search Be carefules from the Internet can contain vies. Unless you need to edit it's safer to

Draw Page Layout Formulas Data Review View Help Search Be carefules from the Internet can contain vies. Unless you need to edit it's safer to stay in Protected View O PROTECTED VIEW Enable Editing PROBLEM 4 - Bond Issue Price (10 Points) YOU MUST SHOW YOUR COMPUTATIONS IN THE SECTION BELOW YOUR ANSWER s On January 1, 2019. Ellison Co. issued eight-year bonds with a face value of $6,000,000 and a 6 stated interest rate of 6%, payable semiannually on June 30 and December 31. The bonds were 7 sold to yield 8%. Table values are: 9 Present value of 1 for 8 periods at 6% 10 Present value of 1 for 8 periods at 8% 11 Present value of 1 for 16 periods at 3% 12 Present value of 1 for 16 periods at 4% 13 Present value of annuity for 8 periods at 6% 14 Present value of annuity for 8 periods at 8% 15 Present value of annuity for 16 periods at 3% 16 Present value of annuity for 16 periods at 4% 0.62741 0.54027 062317 0.53391 6.20979 5.74664 12.5611 11,6523 Required: Calculate the proceeds from this 18 bond issue. You must type your answer in the red box: Problem 1 Problem 2 Problem Problem 4 Problem 5 Prob Re LM O Type here to search File Home Insert Draw Page Layout Formulas Data Review view Help Search PROTECTED VIEW Be careful--files from the Internet can contain viruses. Unless you need to edit, it's safe to stay in Protected View Enable Editing A9 - X V fi Present value of 1 for 8 periods at 6% 9 Present value of 1 for 8 periods at 6% 10 Present value of 1 for 8 periods at 8% 11 Present value of 1 for 16 periods at 3% 12 Present value of 1 for 16 periods at 4% 13 Present value of annuity for 8 periods at 6% 14 Present value of annuity for 8 periods at 8% 15 Present value of annuity for 16 periods at 3% 16 Present value of annuity for 16 periods at 4% 10.62741 0.54027 0.62317 0.53391 6.20979 5.74664 12.5611 11.6523 Required: Calculate the proceeds from this 18 bond issue. You must type your answer in the red box: Bond Proceeds YOU MUST SHOW ALL OF YOUR WORK IN THIS SECTION 25 Computations: Problem 1 Problem 2 Problem 3 Problem 4 Problem 6 ) Problem 5 Al Type here to search

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