Question: Testbank Multiple Choice Question 63 Marigold Corp. issues $4920000, 4%, 5-year bonds dated January 1, 2020 on January 1, 2020. The bonds pay interest semiannually

Testbank Multiple Choice Question 63 Marigold Corp. issues $4920000, 4%, 5-year bonds dated January 1, 2020 on January 1, 2020. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 3%. What are the proceeds from the bond issue? 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 1.5% 2.0% 0.92826 0.90573 0.86167 0.82035 4.782644.71346 9.222188.98259 3% 4% 0.86261 0.82193 0.74409 0.67556 4.57971 4.45182 8.530208.11090 $5145379 $5144564 $5146879 $4920000 Click if you would like to Show Work for this question: Open Show Work

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