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800 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments * Assuming the market rate of interest is 10%, calculate the selling
- 800 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments
*Assuming the market rate of interest is 10%, calculate the selling price for each bond issue. Refer to the tables above for present value factors. If required, round all calculations to the nearest dollar.
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