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A bond issue of 6 % , 9 - year bonds with a face value of $ 3 6 , 0 0 0 with interest
A bond issue of year bonds with a face value of $ with interest payable annually on January Market interest rate is What is the present value of the bonds? For calculation purposes, use five decimal places as displayed in the factor table provided. Round your answers to decimal places eg
Click here to view the factor table.
Present value of interest payments $
Present value of principal
$
Present value of the bonds
$
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