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A 25-year bond issue of 5,600,000 and bearing interest at 4.5% payable annually is sold to yield 4.75% compounded quarterly. What is the issue price

A 25-year bond issue of 5,600,000 and bearing interest at 4.5% payable annually is sold to yield 4.75% compounded quarterly. What is the issue price of the bonds?

The purchase price of the bond is $___

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