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Mathematics, 28.09.2019 06:30 gjeaneasley
Spiller corp. plans to issue 8%, 9-year, $480,000 par value bonds payable that pay interest semiannually on june 30 and december 31. the bonds are dated december 31, 2019, 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?
table values are based on:
n =
i =
cash flow table value amount present value
present (maturity) value
interest (annuity)
total cash proceeds
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Spiller corp. plans to issue 8%, 9-year, $480,000 par value bonds payable that pay interest semiannu...
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