EC-6 Computing Bond Issue Proceeds and Issue Price Your company plans to issue bonds later in the upcoming year. But with the economic uncertainty and varied interest rates, it is not clear how much money the company will receive when the bonds are issued The company is committed to issuing 2.100 bonds, each of which will have a face value of $1,000, a stated Interest rate of 7 percent paid annually, and a period to maturity of 10 years. (Future Value of $1. Present Value of $1. Euture Value Annuity of $1. Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided.) 1. Compute the bond issue proceeds assuming a market interest rate of 7 percent. (When computing proceeds, round the present value of the face amount and of the annual interest payment to the nearest thousand dollars.)Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. (Round "Bond Issue Price as a Percentage" to 2 decimal places) Answer is complete and correct. Table or Calculator Function Face Value of Bond issuance from Future Value Market Interest Rate Present valus of proceeds from bond issues Bond Issue Price as a Percentage of Face Value Present value of $1 2,100,000 100.00 % 2. Compute the bond issue proceeds assuming a market interest rate of 6 percent (When computing by comparing the total proceeds to the total face value (Round "Bond Issue Price as a Percentage" to 2 decimal places) Answer is complete but not entirely correct. Table or Calculator Function Faco Value of Bond Issuance from Future Valus Market Interest Ra Present value of proceeds from bond issue Present value of $1 2.100000 2.254 561 0 10736 ork- Microsoft Edge 2. Compute the bond issue proceeds assuming a market interest rate of 6 percent. (When computing proceeds, round the present value of the face amount and of the annual interest payment to the nearest thousand dollars.) Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. (Round "Bond Issue Price as a Percentage" to 2 decimal places.) Answer is complete but not entirely correct. Table or Calculator Function Face Value of Bond Issuance from Future Value Market Interest Rate Present value of proceeds from bond issue Bond Issue Price as a Percentage of Face Present value of $1 2,100,000 2.254,561 3 107.36 % Value 3. Compute the bond issue proceeds assuming a market interest rate of 8 percent (When computing eeds, round the present value of the face amount and of the annual interest payment to the nearest thousand dollars.) Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. (Round "Bond Issue Price as a Percentage" to 2 decimal places.) & Answer is complete but not entirely correct. Table or Calculator Function Face Valus of Bond Issuance from Future Value Market Ieterest Rate Present value of proceeds from bond issue Bond fssue Price as a Percentage of Face Present value of $1 2.100,000 1.959 088 93.29 %