Question: need help dont know how to do this the second image is pv, and the third is pva LaTanya Corporation is planning to issue bonds

need help dont know how to do this the second image is pv, and the third is pva
need help dont know how to do this the second image is
pv, and the third is pva LaTanya Corporation is planning to issue
bonds with a face value of $105,000 and a coupon rate of

LaTanya Corporation is planning to issue bonds with a face value of $105,000 and a coupon rate of 7 percent. The bonds mature in seven years. Interest is paid annually on December 31 . All of the bonds will be sold on January 1 of this year. (FV of $1, PV of $1. FVA of \$1, and PVA of \$1) Note: Use appropriate factor(s) from the tables provided. Required: Compute the issue (sales) price on January 1 of this year for each of the following independent cases: a. Case A: Market interest rate (annual): 7 percent. b. Case B: Market interest rate (annual): 5 percent. c. Case C. Market interest rate (annual): 8 percent. Complete this question by entering your answers in the tabs below. Compute the issue (sales) price on January 1 of this year for the following independent case: Case A: Market interest rate (annual): 7 percent. (Round your intermediate calculations and final answer to whole dollars.) Present Value of Annulty of $1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multirow{2}{*}{1Prorilede} & \multicolumn{2}{|l|}{ hos } & 2.0x & 3.04 & 3.75 & 4.05 & 4.215 & 5.0% & cos & \\ \hline & 099010 & 0.900 & & 97067 & 0.96345 & 095154 & 0.95m & & 0506 & onest \\ \hline 2 & 19704 & 1.941 & & 91347 & tmost & 1.86699 & 16998 & 105941 & 1sm & tisceb2 \\ \hline 3 & 294090 & & & mast & 278331 & 2.7500 & 270+95 & 27mes & 2 crso1 & \\ \hline 4 & 300197 & 1007 & & & 365136 & 367990 & 300651 & & 1 tes11. & \\ \hline 5 & 45530 & 4.71 & & 57971 & 4.45326 & 4.45182 & 4.4307 & trant & trins & 4,10020 \\ \hline 6 & 57954 & 5601 & & 41719 & 578507 & 524214 & 5+9914 & 507569 & 4sin & crass \\ \hline? & 67281 & 6.471 & & 23028 & 8.05190 & 600205 & s.9um & S.res37 & 5senx & s.andes \\ \hline 8 & 7.6516e & 7.325 & & 01969 & 6.00280 & 6.73214 & sesins & 64521 & 5 mon & 59710 \\ \hline 9 & 856002 & 8.162? & & res11 & 75707 & 7,43533 & 735135 & 7.107n & sabies & 55152 \\ \hline 10 & 947130 & 8.9875 & & 53000 & 121279 & 211090 & 161049 & 7n+n & 13500 . & rowse \\ \hline \multicolumn{11}{|c|}{\begin{tabular}{l} Present Value of Annuity of \$1 \\ Pariads \end{tabular}} \\ \hline Periads & 1.05 & 2.0% & 2.0N & & 75x & .01 & 4.215 & 5.2% & & ros \\ \hline 11 & 10.36763 & 270685 & 9.25262 & & 2999 & 76048 & scuse & 30641 & 7 tast & T.esen \\ \hline 12 & 1125500 & 1057534 & 995400 & & 52369 & 36507 & 975039 & 2.56385 & 8.3.14 & 79005 \\ \hline 13 & 12.13374 & 11.34537 & 1063496 & 10. & 14236 & 92565 & 900251 & & cosets & 135765 \\ \hline 14 & 1300370 & 12.10625 & 1129607 & 107 & 73952 & 56312 & 10.39090 & 980564 & 9.20061 & tises \\ \hline 15 & 13.26505 & 12.84926 & 11.9379 & 11.3 & 31530 & 11839 & 1092652 & 1037966 & 97128 & 210091 \\ \hline 16 & 14.71787 & 13.5mm & 1256110 & 118 & 87017 & 65230 & 11,44031 & 10.8mm & 10.10516 & 24465 \\ \hlinen & 1556725 & 14.2918 . & 13.16612 & 124 & 00490 & 16567 & 11933+5 & 11.27407 & 104ms & 9.1632 \\ \hline 18 & 16.39827 & 1499203 & 13.7535 & 120 & 22046 & 58930 & 1240590 & 1168959 & & 10,05009 \\ \hline 19 & 17.22601 & 15.67846 & 14.32360 & 13. & 41731 & 3094 & 1235938 & 12.00532 & 11.15en2 & \\ \hline 20 & 18.04555 & 16.35143 & 14sms & 130 & 19620 & 59033 & 13.29437 & 1245221 & 11,45902 & 105341 \\ \hline 25 & 2202316 & 19.52346 & 17.41315 & 16.0 & 1020 & 62208 & 15.21734 & 1409394 & 12.72035 & 1165398 \\ \hline 30 & 25:80m1 & 2239646 & 196004 & 178 & 82925 & 29203 & 16.7792 & 1537245 & t37643 & 12 torics \\ \hline \multicolumn{11}{|c|}{\begin{tabular}{l} Present Value of Annuity of $1 \\ Periols 8.01 \end{tabular}} \\ \hline Reriods & 8.01 & 9.01 & 10.0% & 11.0N & 12.0% & 12.05 & 14.05 & is.0x & 20.01 & 25.01 \\ \hline 1 & 0.52593 & 091743 & 0.90909 & 0.90090 & 0.35206 & 083496 & 0.8719 & 086957 & & 0.80000 \\ \hline 2 & 1.78326 & 175911 & 1.73554 & 171252 & 1.69005 & 1.66810 & 164656 & 167571 & 1.5m7 & 144000 \\ \hline 2 & 257710 & 253120 & 240585 & 246371 & 2.40183 & 23115 & 2.32163 & 223323 & 2106s & 195200 \\ \hline 4 & 331213 & 3.23972 & 3.16987 & 3.10245 & 3.02735 & 297407 & 291371 & 20S498 & 258073 & 236160 \\ \hline 5 & 3.9m271 & 3.88965 & 379079 & 3.69590 & 360478 & 3.51723 & 2.43308 & 3.35216 & 299061 & 2 6a928 \\ \hline 6 & 4.62788 & 4.48592 & 4.35526 & 4.23054 & 4.11141 & 399755 & & 373468 & 332551 & 25510 \\ \hline 7 & 5.20637 & 503295 & 486842 & 4.71220 & 456376 & 442261 & 4.23830 & 4.16042 & 360159 & 176114 \\ \hline & 5.74664 & 553482 & 5.33493 & 5.14612 & 496764 & 47987 & 463626 & 4.45732 & 3 mons & 132591 \\ \hline 9 & 6.24689 & 599575 & 5.75902 & 553705 & 532825 & 5.13166 & 494637 & 4.71se & 400057 & 305313 \\ \hline 10 & 6.71006 & 6.41766 & 6.14457 & 584923 & 5.65022 & 5.42624 & 521612 & 501177 & 41920 & 357050 \\ \hline \multicolumn{11}{|c|}{ Present Value of Annulty of $51} \\ \hline Perisdt & 1.05 & 9.0x & 10.0s & 11.0x & 12.0% & 13.0x & 14.0% & 15.0x & 20.05 & \\ \hline 11 & 7.13896 & 6.00519 & 6.49505 & 620652 & 593770 & 5.60694 & 5.45273 & 523371 & 432066 & 165640 \\ \hline 12 & 253608 & 7.16073 & 6.81369 & 6.49236 & 6.19437 & 591765 & 566029 & 5.02062 & 4.4392 & unsn \\ \hline 13 & 790378 & 7.48690 & 7.10336 & 6.74517 & 6.42355 & 6.12181 & 5.84235 & 584315 & 4.5386 & 278910 \\ \hline 14 & 8.24424 & 2.78615 & 73666 & 690187 & 6.62817 & 6.30249 & 6.00207 & 5n248 & 4.61061 & 1nesot \\ \hline 15 & 8.55948 & 8.06069 & 7.60608 & 7,19087 & 6.81086 & 6.46231 & 6.14217 & 58439 & 467597 & Jassexs \\ \hline 16 & 8.85137 & 8.31256 & 7.22371 & 732916 & 6.97399 & 6.60188 & sxs305 & 595423 & A.7256 & \\ \hline 17 & 9.12164 & 8.54363 & 8.02155 & 754879 & 7.11963 & 577009 & 6.3206 & 6.04716 & 477463 & \\ \hline 16 & 937189 & 8.75563 & 8.20141 & 770162 & 724967 & 680991 & 6.46712 & 6.12797 & 4.1219 & 392734 \\ \hline 19. & 5.60360 & 195011 & 8.35492 & 780999 & 736578 & 6.93797 & 6ssos? & 6.19823 & cosese & \\ \hline 20 & 9e1e15 & 2.12655 & 851356 . & 7.96333 & 7.46944 & 7.02475 & 6.62313 & 6.25933 & 4.84954 & \\ \hline 25 & 10.67478 & & 9.07704 & 1. 42174 & 784314 & 73299 & 6.27293 & 6.66415 & 49659 & \\ \hline 30 & 1125m & 10.27365 & 242691 & 869379 & 8.05518 & 7.49565 & 700266 & css490 & 497594 & trasos \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!