On January 1, 2013, Jason Company issued $5 million of 10-year bonds at a 10% stated interest rate to be paid annually. Time Period Interest PV of $1 PV of a $1 Annuity
11 11% 0.317 6.207
11 9% 0.338 6.805
11 13% 0.261 5.687
If the market rate of interest was 8%, the issue price of the bonds is closest to which of the following?
a) $4,957,292.
b) $5,600,000.
c) $4,964,792.
d) $5,007,292.

In myanmar, six laborers, each making the equivalent of $ 2.50 per day, can produce 40 units per day. in china, ten laborers, each making the equivalent of $ 2.25 per day, can produce 48 units. in billings comma montana, two laborers, each making $ 60.00 per day, can make 102 units. based on labor cost per unit only, the most economical location to produce the item is china , with a labor cost per unit of $ . 05. (enter your response rounded to two decimal places.)