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Can you please explain problem 3 I amhaving trouble understanding Legacy issues ( $ 325,000 ) of ( 5 % ), four-year bonds dated January

Can you please explain problem 3 I amhaving trouble understanding Legacy issues \( \$ 325,000 \) of \( 5 \% \), four-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. They are issued at \( \$ 292,181 \) when the market rate 2 answers

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