Spiller Corporation plans to issue year, $ par value bonds payable that pay interest semiannually on June and December The bonds are dated January of the current year and are issued on that date. PV of $ FV of $ PVA of $ and FVA of $
Note: Use appropriate factors from the tables provided. Round your "Table value" to decimal places and final answers to nearest whole dollar.
If the market rate of interest for the bonds is on the date of issue, what will be the total cash proceeds from the bond issue?
tableTable Values are Based on:Cash Flow,,,Present maturity value,,,Interest annuityTotal cash proceeds Value,,,