Question: Ellis issues 8.0%, five-year bonds dated January 1, 2016, with a $430,000 par value. The bonds pay interest on June 30 and December 31 and

Ellis issues 8.0%, five-year bonds dated January 1, 2016, with a $430,000 par value. The bonds pay interest on June 30 and December

Ellis issues 8.0%, five-year bonds dated January 1, 2016, with a $430,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $466,682. The annual market rate is 6% on the issue date. (TableB. 1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) Table 5.3, and Iable B4) (Use appropriate factor(s) from the tables

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