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Ch 11 Homework A Saved Help Save & Exit Submi Check my work 1 Akers Company sold bonds on July 1, 2017, with a face

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Ch 11 Homework A Saved Help Save & Exit Submi Check my work 1 Akers Company sold bonds on July 1, 2017, with a face value of $100,000. These bonds are due in 10 years. The stated annual interest rate is 6% per year, payable semiannually on June 30 and December 31. These bonds were sold to yield 8%. Use (PV of 1, PVAD of 1, and PVOA of 1) (Use the appropriate factor(s) from the tables provided. Round your final answers to the nearest whole dollar amount. Do not round intermediate calculations.) 1 points Required: How much did these bonds sell for on July 1, 2017? eBook Present value of the bond Print References

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