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Latanya Corporation is planning to issue bonds with a face value of $105,500 and a...

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Accounting

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Latanya Corporation is planning to issue bonds with a face value of $105,500 and a coupon rate of 6 percent. The bonds mature in seven years. Interest is paid annualily on December 31. All of the bonds will be sold on January 1 of this yeac. (EV of S1. PV of S1. EVA of S1. and PVAcolSII Note: Use appropriate factor(s) from the tables provided. Required: Compute the issue (sales) price on January 1 of this year for each of the following independent cases: a. Case A: Market interest rate tannuaf: 6 percent. b. Case B: Market interest rate fannualk 4 percent. c. Case C. Market interest rate (annual) 7 percent. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute the issue (celes) grice on lanuary 1 of this year for the following independent case: Case C: Market intereat rate (annual) 7 percent, (Hound your intermediate caicuilations and final answer to whoin dollars.)

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