The following information pertains to Fox Corp's Issuance of bonds on July 1.20x8 Face amount...
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The following information pertains to Fox Corp's Issuance of bonds on July 1.20x8 Face amount Term $800.000 10 years Stated interest rate 6% Interest payment dates Yield Annually on July 1 At 6% At 9% Present value of 1 for 10 periods 0.558 0.422 Future value of 1 for 10 periods 1.791 2.367 Present value of ordinary annuity of 1 for 10 periods 7.360 6.418 What should be the issue price for each $1,000 bond? 5864 $700 OSR07 O $1,000 Question 2 1 pts A bond issued on June 1, 20x7, has interest payment dates of April 1 and October 1. Bond interest expense for the year ended December 31, 20x7, is for a period of: Four months. Three months. Six months. Seven months
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