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Case C: James Corporation is planning to issue $1,110,000 worth of bonds with a coupon rate of 6 percent. The bonds mature in 10 years

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Case C: James Corporation is planning to issue $1,110,000 worth of bonds with a coupon rate of 6 percent. The bonds mature in 10 years and pay interest annually. All of the bonds were sold on January 1 of this year. (Round your final answer to the nearest whole dollar.) Required: 1. Assume market (yield) rate, 6 percent. Compute the issue (sale) price on January 1 of this year. Issue price 2. Assume market (yield) rate, 5 percent. Compute the issue (sale) price on January 1 of this year. Issue price 3. Assume market (yield) rate, 4 percent. Compute the issue (sale) price on January 1 of this year. Issue price

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