LaTanya Corporation is planning to issue bonds with a face value of $100,000 and a...
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LaTanya Corporation is planning to issue bonds with a face value of $100,000 and a coupon rate of 8 percent. The bonds mature in seven years. Interest is paid annually on December 31 . All of the bonds will be sold on January 1 of this year. (FV of \$1. PV of S1. EVA of \$1. and PVA or Sil] Note: Use oppropriate factor(s) from the tables provided. Required: Compute the issue (sales) price on January 1 of this year for each of the following independent cases: a. Case A. Market interest rate (annuaf): 8 percent b. Case B: Market interest rate fannuaf: 6 percent. c Cose C: Market interest rate (annual) 9 percent. Complete this question by entering your answers in the tabs balow. Compute the iesue (cuies) price on January 1 of this year for the following independent case: Case A : Market interest rate (annual) is perceet, (Regond your intermediate caloulations and final answer to whole dollars)
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