Question: On January 1 , 2 0 2 4 , Tableau Company issues $ 2 0 million of 9 % bonds, due in six years, with

On January 1,2024, Tableau Company issues $20 million of 9% bonds, due in six years, with interest payable semiannually on June 30 and December 31 each year. Use a financial calculator or Excel.
Required:
If the market rate is 8%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price.
If the market rate is 9%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price.
If the market rate is 10%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price.
(Do not rounc millions.) millions.
\table[[1. The bonds issue at,],[2. The bonds issue at,],[3. The bonds issue at,]]
 On January 1,2024, Tableau Company issues $20 million of 9% bonds,

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