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8 . Whipple Corporation just issued 2 3 0 , 0 0 0 bonds with a coupon rate of 5 . 7 2 percent paid

8.Whipple Corporation just issued 230,000 bonds with a coupon rate of 5.72 percent paid semiannually that mature in 15 years. The bonds have a YTM of 6.16 percent and have a par value of $2,000. How much money was raised from the sale of the bonds?

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