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Can you help? A company issued 5%. 20year bonds with a face amount of $80 million. The market yield for bonds of similar risk and
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A company issued 5%. 20year bonds with a face amount of $80 million. The market yield for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price did the bonds sell? {FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $9 {Enter your answer in whole dollars.) 0 Answer is complete but not entirely meatStep by Step Solution
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