Question: solve for C please Current Attempt in ProgressOn May 1,2020, AWM Ltd. issued a series of bonds in order to raise money for some upcoming
solve for C please Current Attempt in ProgressOn May 1,2020, AWM Ltd. issued a series of bonds in order to raise money for some upcoming projects. The bonds had a face value of \(\$ 5,426,000\) and matured in 10 years. Interest was payable at a face rate of \(6\%\) each April 30 and October 31. The bonds were issued to yield 8.00\%.Click here to view the factor table PRESENT VALUE OF 1.Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1.(a-b)Your Answer Correct Answer (Used)Your answer is correct.Using 1. factor Tables 2. a financial calculator, or 3. Excel function PV, calculate the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g.1.25124 and final answer to 0 decimal places e.g.58,971.)Issue price \$Prepare a bond discount/premium amortization table. (Round answers to 0 decimal places, e.g.5,275.) Current Attempt in ProgressOn May 1,2020, AWM Ltd. issued a series of bonds in order to raise money for some upcoming projects. The bonds had a face value of \(\$ 5,426,000\) and matured in 10 years. Interest was payable at a face rate of \(6\%\) each April 30 and October 31. The bonds were issued to yield 8.00\%.Click here to view the factor table PRESENT VALUE OF 1.Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1.(a-b)Your Answer Correct Answer (Used)Your answer is correct.Using 1. factor Tables 2. a financial calculator, or 3. Excel function PV, calculate the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g.1.25124 and final answer to 0 decimal places e.g.58,971.)Issue price \$Prepare a bond discount/premium amortization table. (Round answers to 0 decimal places, e.g.5,275.) Your answer is partially correct.In the years that followed, AWM encountered a number of highly profitable years, resulting in a surplus of cash. On August 1,2025, the company repurchased and retired the entire bond issue at 111, plus accrued interest.Calculate the amount of the gain or loss on early redemption of the bonds. (Round answer to 0 decimal places, e.g.5,275.)on early redemption of bonds:eTextbook 1eTextbook 2
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