Question: Please use excel and show the function inputs Using the Excel PV function, determine the proceeds of the bond issuance assuming a 6 percent effective

Please use excel and show the function inputs Using the Excel PV function, determine the proceeds of the bond issuance assuming a 6 percent effective (market) annual interest rate. (This was step 2)

On January 1, 2018, the Blue Devil Corporation issued $100,000 of ten-year bonds. The bonds carried a stated annual interest rate of 5 percent, with interest payable semiannually on June 30 and December 31

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