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A company issued 4%,15-year bonds with a face amount of $680,000. The market yield for bonds of similar risk and maturity is 7%. Interest is
A company issued 4%,15-year bonds with a face amount of $680,000. The market yield for bonds of similar risk and maturity is 7%. Interest is paid semiannually. Calculate the selling price of the bond. (Please round answer to the nearest whole dollar)
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