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Akers Company sold bonds on July 1, 2017, with a face value of $100,000. These bonds are due in 10 years. The stated annual interest

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Akers Company sold bonds on July 1, 2017, with a face value of $100,000. These bonds are due in 10 years. The stated annual interest rate is 6% per year, payable semiannually on June 30 and December 31, These bonds were sold to yield 8%. By July 1, 2018, the market yield on these bonds had risen to 10%. Use (PV of 1, PVAD of 1, and PVOA on (Use the appropriate factor(s) from the tables provided. Round your final answers to the nearest whole dollar amount. Do not round intermediate calculations.) provided. Round your final answers to the nearest whole dollar amount. Do not round intermditecllations.) Required What was the bonds' market price on July 1, 2018? Present value of the bond

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