James Corporation is planning to issue bonds with a face value of...
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Accounting
James Corporation is planning to issue bonds with a face value of $ and a coupon rate of percent. The bonds mature in years and pay interest semiannually every June and December All of the bonds will be sold on January of this year. FV of $ PV of $ FVA of $ and PVA of $Use the appropriate factors from the tables provided. Round your final answer to whole dollars.
Required:
Compute the issue sale price on January of this year for each of the following independent cases:
a Case A: Market interest rate annual: percent.b Case B: Market interest rate annual: percent. c Case C: Market interest rate annual: percent.
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