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Air Destinations issues bonds due in 10 years with a stated interest rate of 7% and a face value of $500.000. Interest payments are made

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Air Destinations issues bonds due in 10 years with a stated interest rate of 7% and a face value of $500.000. Interest payments are made semiannually The market rate for this type of bond is 8%. Using present value tables, calculate the issue price of the bonds. Vot 1. pvo 51. EVA [ 33. PVAS EVAD. S1 and PVAD - $ 1) (Use appropriate factor(s) from the tables provided) Multiple Choice $500,000 $349.021 $533,974. $466,026

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