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ABC Company will issue $6,400,000 in 6%,10-year bonds when the market rate of interest is 8%. Interest is paid semiannually. Required: Determine how much cash

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ABC Company will issue $6,400,000 in 6%,10-year bonds when the market rate of interest is 8%. Interest is paid semiannually. Required: Determine how much cash ABC Company will realize from the bond issue. Note: Use tables, Excel, or a financial calculator. Round your intermediate calculations to the nearest whole dollar. (EV of \$1, PV of \$1. EVA of \$1. PVA of \$1. EVAD of \$1 and PVAD of \$1)

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