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89.42. Computing the Bond Issue Price D'Souza, Inc., issues $900,000 of 11% bonds that pay interest semiannually and mature in seven years. Assume that the

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89.42. Computing the Bond Issue Price D'Souza, Inc., issues $900,000 of 11% bonds that pay interest semiannually and mature in seven years. Assume that the market interest (yield) rate is 12% per year compounded semiannually- Compute the bond issue price

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