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A QUESTION 8 Sportswear, Inc. sells $800,000, ten-year, 12% bonds. The bonds pay interest semiannually and the market rate is 10%? What is the

A QUESTION 8 Sportswear, Inc. sells $800,000, ten-year, 12% bonds. The bonds pay interest semiannually and the market rate is 10%? What is the issue price (i.e. sales price) of these bonds? $898,312 O $899,698 $906,616. O $1,497,888

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