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TUMUNUIRTUTEWUR 9 (Chapter 7) Score: 0 of 1 pt 4 of 5 (4 complete) X E7-22 (similar to) HW Score: 60%, 3 of 5 Question Help Requirement (Click the icon to view the Future Click the icon to view the Present Determine the bond issue proceeds for each of the following bonds payable. All bonds are Value of $1 table) Value of St table) issued on January 1, 2019 Click the icon to view the Future Click the icon to view the Present Click the icon to view the bonds payable) Value of an ordinary Annuity table) Value of an Ordinary Annuity table) Click the icon to view the Future Click the icon to view the Present Value of an Annuity Due table.) Value of an Annuity Due table) a. Bubba Corporation issued bonds in the amount of $1 220.000 that will be paid in 6 years. Interest of $24.400 is payable semiannually each June 30 and December 31 with the first interest payment at the end of the first period on June 30, 2019. If the market rate of interest is 10% what is the amount of the bond issue proceeds? Use the present and future value tables, a financial calculator, or a spreadsheet for your calculationsIf using present and future value tables or the formula method use factor amounts rounded to be decimal places, X.XXXXX Round your final answer to the nearest cent. SX XX.) The bond issue proceeds are $ 679,344.04 Enter any number in the edit fields and then click Check Answer 4 part remaining Clear A Check Answer Previous Next 155 PM 11/3/2019

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