Your company plans to issue bonds later in the upcoming year. But with the economic uncertainty and varied interest rate

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Your company plans to issue bonds later in the upcoming year.
But with the economic uncertainty and varied interest rates, it is
not clear how much money the company will receive when the bonds
are issued. The company is committed to issuing 1,700 bonds, each
of which will have a face value of $1,000, a stated interest rate
of 7 percent paid annually, and a period to maturity of 10 years.
You may use any approach (tables, Excel, or financial calculator
app) to calculate the bond proceeds; if you use the tables, choose
the appropriate factors from the following link(s): (Future Value
of $1, Present Value of $1, Future Value Annuity of
$1, Present Value Annuity of $1, Financial
Calculator)
Required:
Your company plans to issue bonds later in the upcoming year. But with the economic uncertainty and varied interest rates, it is not clear how much money the company will receive when the bonds are issued. The company is committed to issuing 1,700 bonds, each of which will have a face value of $1,000, a stated interest rate of 7 percent paid annually, and a period to maturity of 10 years. You may use any approach (tables, Excel, or financial calculator app) to calculate the bond proceeds; if you use the tables, choose the appropriate factors from the following link(s): (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Annuity. of $1, Financial Calculator) Required: 1. Compute the bond issue proceeds assuming a market interest rate of 7 percent. Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. 2. Compute the bond issue proceeds assuming a market interest rate of 6 percent. Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. 3. Compute the bond issue proceeds assuming a market interest rate of 8 percent. Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the bond issue proceeds assuming a market interest rate of 7 percent. Also, express the bond issue price as a percentage by comparing the total proceeds to the total face value. (Round "Bond Issue Price as a Percentage" to 2 decimal places.) Present value of total proceeds from bond issue Bond Issue Price as a Percentage of Face Value < Required Required 2 >