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Requirement 1. Determine the present value of six​-year bonds payable with face value of $ 87000...

Requirement 1. Determine the present value of six​-year bonds payable with face value of $ 87000 and stated interest rate of 10​%, paid semiannually. The market rate of interest is 10​% at issuance. ​(Round intermediary calculations and final answer to the nearest whole​ dollar.)

Present Value When market rate of interest is 10% annually $?

Requirement 2. Same bonds payable as in requirement​ 1, but the market interest rate is 14​%. ​(Round intermediary calculations and final answer to the nearest whole​ dollar.)

Present Value When market rate of interest is 14% annually $?

Requirement 3. Same bonds payable as in requirement​ 1, but the market interest rate is 8​%. ​(Round intermediary calculations and final answer to the nearest whole​ dollar.)

Present Value When market rate of interest is 8% annually $?

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