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Business, 22.04.2021 20:30 hernandezbrandon059

Rosh Corporation is planning to issue bonds with a face value of $830,000 and a coupon rate of 10 percent. The bonds mature in four years and pay interest semiannually every June 30 and 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) (Use the appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.) Required:
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): 10 percent.
b. Case B: Market interest rate (annual): 8 percent.
c. Case C: Market interest rate (annual): 12 percent.

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