all parts please 12 6.25 points Exercise B-12 (Algo) Present...
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12 6.25 points Exercise B-12 (Algo) Present value of bonds LO P1, P3 Spiller Corporation plans to issue 8%, 7-year $550,000 par value bonds payable that pay interest semiannually on June 30 and December 31. The bonds are dated January 1 of the current year and are issued on that date. (PV of $1. FV of $1. PVA of $1, and FVA of $1 (Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places and final answers to nearest whole dollar) If the market rate of interest for the bonds is 6% on the date of issue, what will be the total cash proceeds from the bond issue? eBook Hint Print Table Values are Based on: 14 3% Cash Flow Table Value Present (maturity) value Interest (annuity) Total cash proceeds Amount Present Value Reference
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