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ABC Company will issue $5,100,000 in 8%, 10-year bonds when the market rate of interest is 10%. Interest is paid semiannually. (EV. $11. PV of

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ABC Company will issue $5,100,000 in 8%, 10-year bonds when the market rate of interest is 10%. Interest is paid semiannually. (EV. $11. PV of $1. EVA of $1. PVA of $1. FVAD of S1 and PVAD of 51) (Use appropriate factor(s) from the tables provided.) Required: Determine how much cash ABC Company will realize from the bond issue. (Round your final answer to nearest whole dollar) Bond issue price

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