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Buchanan Corporation issues $410,000 of 10% bonds that are due in 10 years and pay interest semiannually. At the time of issue, the market rate
Buchanan Corporation issues $410,000 of 10% bonds that are due in 10 years and pay interest semiannually. At the time of issue, the market rate for such bonds is 9%. Instructions Round all entries to whole amounts. Use Time Value of Money Table values to 5 decimal places. Calculate the bonds issue price
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