47 points eBook Hint a t Ask Print References On January 1, 2024, Frontier World issues $41 million of 9% bonds, due in

[answerhappygod]

47 Points Ebook Hint A T Ask Print References On January 1 2024 Frontier World Issues 41 Million Of 9 Bonds Due In 1 (41.73 KiB) Viewed 9 times

47 points eBook Hint a t Ask Print References On January 1, 2024, Frontier World issues $41 million of 9% bonds, due in 20 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. 2-a. If the market rate is 9%, calculate the issue price, EV of $1. Pot $1. EVA of S1 and PVA of $) 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 Rea 2b If the market rate is 9%, calculate the issue price. (FV of $1. PV of $1. FVA of $1, and PVA of S1) (Use appropriate factor(s) from the tables provided. Enter your answers in dollars, not in millions (.e. 55.5 milion should be entered as 5,500,000), Round your final answers to the nearest whole dallar) Bond Characteristics Face amount Interest payment Number of periods Market interest rate Issue price $ Amount 41,000,000 ❤ 20 0.9% Reg 2b >