ULATUR PRINTER VERSION BACK NEXT Brief Exercise G-16 Gleason Enterprises issued 10%, 7-year, $2,440,000 par value bonds that pay interest semiannually on October and April 1. The bonds are dated April date. The discount rate of interest for such bonds on Apnl 1, 2020, 15 12 2020, and are issued on that Click here to view the faster this (For calculation purposes, use 5 decimal places as displayed in the factor table provided) What cash proceeds did Gleason receive from issuance of the bonds? (Round answer to decimal places. e.g. 125.) Cash proceeds from issuance of the bonds Click if you would like to Show Work for this question: een Shower By accessing this question Assistance, you will learn while you earn points based on the point Potential policy set by your Question Attempts: of 4 used SAVE FOR LATER Mam povlable only you 20 this son correctly into attempt References Time Value of Money Table 1 Future Value of 1 (n) Periods 4% 5% 6% 7% 8% 9% 10% 11% 12% 15% 1.00000 1.00000 100000 1.00000 100000 100000 100000 1.00000 100000 1.00000 1.04000 1.05000 1.06000 1.07000 1.08000 1.09000 1.10000 1.11000 1.12000 1.15000 1.08160 1.10250 1.12360 1.14490116640 1.18810 1.21000 1.23210 1.25440 1.32250 1.12486 1.15763 1.191021.22504 1.25971 1.29503133100 1.36763 1.40493 1.92088 1.16986 1.21551 1.26248 1.31080 1.36049141158 1.46410 1.51807 1.57352 1.74901 1.21665 127628 1.33823 1.40255 1.46933 1.53862 1.61051 1.68506 1.76234 2.01136 1.26532 1.34010 1.41852150073 1.58687 167710 1.77156 1.87041 1.97382231306 1.31593 1.40710 1.50363 1.60578 1.71382 1.82804 1.948722.07616 2.21068 2.66002 1.36857 1.47746 1.59385 1.71819 1850931.99256 2.143592.30454 2.47596 3.05902 142331155133 1.68948 1.83846 1.99900 2.17189 2.35795 2.55803 2.77303 3.51788 1.48024 62889 1.79085 1.96715 2.15892 2.36736 2.59374 2.839423.10585 4.04556 1 1.53145171034 1.89830 2.1045 2233164 258043 285312 3.151763 .47355 4.65239 11 12 13 14 15 16 1.53945 1.71034 1.89830 2.10485 2.33164 2.58043 2.85312 3.15176 3.47855 4.65239 1.60103 1.79586 2.01220 2.25219 2.51817 2.81267 3.13843 3.49845 3.89598 5.35025 1.66507 1.88565 2.13293 2.40985 2.71962 3.06581 3.452273.88328 4.363496 .15279 1.73168 1.979932.26090 2.57853 2.93719 3.341733.79750 4.310444.88711 7.07571 1.80094 2.078932.39656 2.75903 3.17217 3.642484.177254.78459 5.47357 8.13706 1.87298 2.18287 2.54035 2.95216 3.42594 3.970314.59497 5,31089 6.130399.35762 1.94790 2.29202 2.69277 3.15882 3.70002 4.32763 5.05447 5.895096.86604 10.76126 2.02582 2.40662 2.85434 3.379933.99602 4.71712 5,55992 6.54355 7,68997 12.37545 2.10685 2.52695 3.02560 3.61653 4.31570 5.14166 6.11591 7.26334 8.61276_14.23177 2.19112 2.653303 .20714 3.869684.660965.60441 6.72750 8.06231 9.6462916.36654 17 18 20 Table 2 Future Value of an Annuity of 1 LE (n) Payments 4% 5% 6% 7% 8% 9% 1.00000 100000 100000 10000 100000 1.00000 2.04000 2.05000 2.06000 2.0700 2.080002.09000 3.12160 3.15250 3.18360 3.21493.24640 3.27810 10% 100000 210000 3.31000 11% 1.00000 221000 3.34210 12% 100000 2.12000 3.37440 1.00000 2.15000 3.47250 2 ILLUM COUWplayerrevencesinde un mode whelpoin object wegund1978111919160977itemidin police References 6 8 9 9 10 11 4.24646 4.31013 437462 44399 4.50611 4.57313 4.64100 4.70973 4.77933499338 5.41632 5.52563 5.637095.7507 5.866605.98471 6.10510 6.22780 6.352856.74238 6.63298 6.80191 6.97532 7.1533 7.33592 7.52334 7.71561 7.91286 8.11519 8.75374 7.89829 8.14201 8.39384 8.6540 8.922809.20044 9.48717 9.78327 10.08901 11.06680 .21423 9.54911 9.89747 10.2598 10.63663 11.02847 11.43589 11.85943 12.29969 13.72682 10.58280 11.02656 11.49132 11.9780 12.48756 13.02104 13.57948 14.16397 14.77566 16.78584 12.00611 12.57789 13.18079 13.8164 14.48656 15.19293 15.93743 16.72201 17.54874 20.30372 13.48635 14.20679 14.97164 15.7836 16.64549 17.56029 18.53117 19.56143 2065458 24.34928 15.02581 15.91713 16,86994 178885 18.97713 20.14072 21.3842822.71319 24.13313 29.00167 16.62684 17.71298 18.88214 201406 21.49530 22.95339 24.52271 26.21164 28.02911 34 35192 18.29191 19.59863 21.01507 22.5505 24.21492 26.01919 27.97498 30.0949232.39260 40.50471 20.02359 21.57856 23.27597 25.1290 27.15211 29.36092 31.77248 34.40536 37.27972 47.58041 21.82453 23.65749 25.67253 27.8881 30.3242833.00340 35.9497339.18995 42.75328 55.71747 23.69751 25.84037 28.21288 30.8402 33.7502336.97351 40.54470 44.50084 48.88367 65.07509 25.6454128.13238 30.90565 33.999037.45024 41.30134 45.59917 50.39593 55.749727583636 2 7.67123 30.53900 33.7599937.3790 41.44626 46.01846 51.1590956.93949 63.4396888.21181 20 7720 TACEO 22 nacas 1576104 70nsoas anaoce 110m2 HARMOR in saree. starem 13 14 15 16 17 18 19 20 puwelence Vindex unimodebelobjecteweyo9711191609/semidenepolice References 19 2 7.67123 29.77808 30.53900 33.06595 33.75999 37.3790 36.78559 40.9955 41.44626 45.76196 46.01846 51.15909 56.93949 63.43968 51.16012 57.27500 64.20283 72.05244 88.21181 102.44358 20 Table 3 Present Value of 1 (Periods 4 5 6 7 8 9 10 11 12 13 96151 95238 9434093458 925939174390909 900901928686957 92456 9070389000 8734485734 841688264581162 7971975614 889003638483962 816307938377218 75132731197117865752 4 8548062270 79209 76290735037084360301.658736355257175 5 82193 78353 747267129368058 6493620325934556743 49718 6 79031 74622 70496 66634 6301759627 5644753464 5066343233 7599271043 66506 62275 5895470351316 48166 45257594 8 7 306967684 62741 58201 54027 5018746651 433934038832690 2025954461 59190 5493 5003546043 42410 390323651 2 6755661391 55839 083546319 4224138554 35218 32197 24719 64958 5846852679 47508 428383875335019 3172828745 21414 WDS910077&itemiding .62460 55684 .49697 4440139711 3555431863 2858425668 18691 .6005753032 46884.41496 3677032618 28966 .25751 22917 16253 .5774850507 4423038782340462992526333 23199 20462 .14133 .55526 481024172736245 3152427454 239392090018270 12289 .5339145811.393653387329189 25187 21763 1882916312 10687 .51337 43630 3713631657 2702723107 19785.16963.14564 09293 .49363 415523503429586 2502521199 17986152821300408081 .4746439573 33051 2761523171 19449 16351 13768 11611 .07027 .45639_37689 31180 25842 21455 1784314864 12403 10367 06110 Table 4 Present Value of an Annuity of 1 (n) Payments 5% 6% 7% 4% .96154 1.88609 2.77509 3.62990 9523894340 1.85941 1.83939 2.72325 2.67301 3.54595 3.46511 93458 1.80802 2.62432 3.38721 8% 9% 10% 11% 12% 15% 9259391743909099009089286 86957 1.78326 1.75911 1.73554 1.71252 1.69005 1.62571 2.57710 2.53130 2.48685 2.44371 2.40183 2.28323 3.31213323972 3.16986 3.10245 3.03735 2.85498 index unimode hip hodin objecteweygard 9781119193609778 tidence 5 4 6 7 do = 13 .45182 4.32948 4.21236 4.10020 3.992213 .88965 3.79079 3.69590 3.60478 3.35216 5.24214 5.075694 91732 4.76654 4.62288 4.48592 4.35526 423054 4.11141 3.78448 6.00205 5.78637 5.58238 5.38929 5.20637 5,03295 4.86842 4.71220 4.56376 4.16042 6.73274 6.46321 6.20979 5.97130 5.74664 5.53482 5.33493 5.14612 4.96764 4.48732 7.435337.10782 6.80169 6.51523 6.24689 5.99525 5.759025 .53705 5.32825 4.77158 8.11090 7.721737.36009 7.02358 6.71008 6.41766 6.14457 5.88923 5.650225 .01877 8.76048 8.30641 7.88687 7.49867 7.13896 6.80519 6.49506 6.20652 5.93770 523371 9.38507 8.863258 .38384 7.94269 7.53608 7.16073 6.81369 6.49236 6.19437 5.42062 9.98565 9.39357 8.85268 8.35765 7.90378 7.486907.10336 6.74987 6.42355 5.58315 10.56312 9.89864 9.294988.74547 8.24424 7.78615 7.36669 6.98187 6.62817 5.72448 11.11839 10.37966 9.712259.10791 8.55948 8.06069 7.60608 7.19087 6.810865.84737 10.10590 11.65230 10.83777 9.446658.85137 8.31256 7.82371 7.37916 6.97399 5.95424 12.16567 11.27407 10.477269.76322 9.12164 8.54363 8.02155 7.54879211963 6,04716 8.2014 7.701627 .24967 6.12797 9.37189 8.75563 10.05909 10.82760 12.65930 11.68959 13.13394 12.08532 11.15812 10.33560 9,60360 8.95012 8.36492 7.839297.365786.19823 13.59033 9.12855851356 7.96333 7.46944 6.25933 12.46221 1146992 10.59401 981815 19 20