Question: Please type the answer, dont take the picture Required A. On January 1,2013 Frederick Corp. issued bonds with a maturity value of $2,000,000. The stated

Please type the answer, dont take the picture Required A. On JanuaryPlease type the answer, dont take the picture

Required A. On January 1,2013 Frederick Corp. issued bonds with a maturity value of $2,000,000. The stated rate of interest on the bonds is 8% per annum payable semiannually each June 30 and December 31 until maturity in ten years. I. If the above bonds are sold to yield 8%, compute the issue (sale) price of the bonds. 2. If the above bonds are sold to yield 10%, compute the issue (sale) price of the bonds. Note: The present value of $1 at 4% for 20 periods is .4564. The present value of $1 at 5% for 20 periods is .3769. The present value of an annuity of $1 at 4% for 20 periods is 13.5903. The present value of an annuity of $1 at 5% for 20 periods is 12.4622

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