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Business, 27.11.2019 00:31 darg3990rgp2t0r2

Latanya corporation is planning to issue bonds with a face value of $100,000 and a coupon rate of 8 percent. the bonds mature in seven years. interest is paid annually on december 31. all of the bonds will be sold on january 1 of this year. (fv of $1, pv of $1, fva of $1, and pva of $1)compute the issue (sale) price on january 1 of this year for each of the following independent cases: a. case a: market interest rate (annual): 8 percent. b. case b: market interest rate (annual): 6 percent. c. case c: market interest rate (annual): 9 percent.

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Latanya corporation is planning to issue bonds with a face value of $100,000 and a coupon rate of 8...
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