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(Appendix 94) Bond Issue Price On January 1, Ruby Inc. issued 5,000 of $1,000 per value bonds with a stated rate of 4% and a
(Appendix 94) Bond Issue Price On January 1, Ruby Inc. issued 5,000 of $1,000 per value bonds with a stated rate of 4% and a 6-year maturity Interest is payable semannually on June 30 and December 31, Future Value of a Single Amount, Present Value of a Single Amount, Future Value of an Anuity and Present Value of an Aut Required: What is the issue price if the bonds are sold to yield 6%) Round factors to five decimal places and final answer to the nearest dollar. MW 9 assignment take frame Check My Work 2 more Check My Work uses remaining Next> Save and Exit Submit Assignment for Grading
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