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Analyzing and Reporting Financial Statement Effects of Bond Transactions On January 1 of the current year, Banek Inc. issued $ 8 4 0 , 0
Analyzing and Reporting Financial Statement Effects of Bond Transactions
On January of the current year, Banek Inc. issued $ of nineyear bonds for $ which implies a market yield rate of Semiannual interest is payable on June and December of each year.
a Show Excel inputs to confirm the bond issue price.
Note: Round your answer to two decimal places.
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