Question: Please show work, thank you! Bramble Corp. issues $5120000, 7%, 5-year bonds dated January 1, 2017 on January 1, 2017. The bonds pay interest semiannually

Please show work, thank you!

Bramble Corp. issues $5120000, 7%, 5-year bonds dated January 1, 2017 on January 1, 2017. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 6%. What are the proceeds from the bond issue?

Please show work, thank you! Bramble Corp. issues $5120000, 7%, 5-year bonds

7010 Present value of a single sum for 5 periods Present value of a single sum for 10 periods | Present value of an annuity for 5 periods Present value of an annuity for 10 periods | 3.0% | 3.5% | 690 0.862611 0.8419 0.74726| 0.71299 0.7440 4.579711 4.51505 4.2123 4.10020 8.53029 0.70892| 0.55839 0.50835 8.31661| 7.36009| 7.02358

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