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A company issues $350,000, 8%, bonds on January 1, 20 5. The bonds will mature in 5 years and pay interest semiannually. The market rate

A company issues $350,000, 8%, bonds on January 1, 20\ 5. The bonds will mature in 5 years and pay interest semiannually. The market rate of issuance was 10%. Determine the selling price of these bonds

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