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Required information [The following information applies to the questions displayed below.) On January 1, 2021, Frontier World

TABLE 1 Future Value of $1 FV = $1 (1 + i) ni 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 7.0% 8.0% 0.0% 0.0% 11.

TABLE 2 Present Value of $1 PV = n ni 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 7.0% 8.0% 9.0% 0.0% 11.0% 12.0%

TABLE 3 Future Value of an Ordinary Annuity of $1 FVA = (1 + 1) - 1 ni 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0

TABLE4 Present Value of an Ordinary Annuity of $1 1-1 + ir PVA = - 1 n/i 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.

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Calculation of Issue price Face amount Interest Payment-Semi annual Periods to Maturity Market Interest Rate Present value of

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