On January 1, 2024, Tropical World issues $39.2 million of 8% bonds, due in 15 years, with interest payable semiannually

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answerhappygod
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On January 1, 2024, Tropical World issues $39.2 million of 8% bonds, due in 15 years, with interest payable semiannually

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On January 1 2024 Tropical World Issues 39 2 Million Of 8 Bonds Due In 15 Years With Interest Payable Semiannually 1
On January 1 2024 Tropical World Issues 39 2 Million Of 8 Bonds Due In 15 Years With Interest Payable Semiannually 1 (48.97 KiB) Viewed 19 times
On January 1 2024 Tropical World Issues 39 2 Million Of 8 Bonds Due In 15 Years With Interest Payable Semiannually 2
On January 1 2024 Tropical World Issues 39 2 Million Of 8 Bonds Due In 15 Years With Interest Payable Semiannually 2 (33.79 KiB) Viewed 19 times
On January 1, 2024, Tropical World issues $39.2 million of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. Exercise 9-21 (Algo) Part 2 2-0. If the market rate is 8%, calculate the issue price. (FV of $1. PV of $1. EVA of S1, and PVA of $1 2-b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. Reg 2a Reg 2b If the market rate is 8%, calculate the issue price.(FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in dollars not in millions (ie, $5.5 million should be entered as 5,500,000). Round your final answers to the nearest whole dollar) Amount 39.200.000 S Bond Characteristics Face amount Interest payment Number of penods Market interest rato Issue price Hen Req2b>

On January 1, 2024. Tropical World issues $39.2 million of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride Exercise 9-21 (Algo) Part 2 2-o. If the market rate is 8%, calculate the issue price (EVS1 PV of $1. EVA LSI, and PVA OLS1) 2-b. Will the bonds issue at face amount a discount, or a premium? Complete this question by entering your answers in the tabs below. Reg 2a Reg 2b Will the bonds issue at face amount, a discount, or a premium? will the bonds issue at face amount a discount, or a premium? < Req 2a NA
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