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Compute the selling price of 1 0 % , 1 0 - year bonds with a par value of $ 3 0 0 , 0

Compute the selling price of 10%,10-year bonds with a par value of $300,000 and semiannual interest payments. The annual market rate for these bonds is 12%. Use present value Table B.1 and Table B.3 in Appendix B.
Note: Round all table values to 4 decimal places, and use the rounded table values in calculations.

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