Question: Kisha Company needs to raise $ 2 , 5 0 0 , 0 0 0 to build a new plant in Atlanta. The company has

Kisha Company needs to raise $2,500,000 to build a new plant in Atlanta. The company has decided to raise the money by issuing a 10-year bond with an 8% annual interest rate, paid semiannually.Calculate the expected cash proceeds (selling price) from the bond issue under the following scenarios:Example of Answer: 4000(No decimal points, dollar sign, or comma.)a. The market interest rate on the issue date is 9.6%=b. The market interest rate on the issue date is 6.4%=c. The market interest rate on the issue date is 8.0%=

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