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Compute the selling price of 10%, 15-year bonds with a par value of $ 240,000 and semiannual interest payments. The annual market rate for these

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Compute the selling price of 10%, 15-year bonds with a par value of $ 240,000 and semiannual interest payments. The annual market rate for these bonds is 8%. Use present Value Table B.1 and Table B 3 in Appendix B. (Pound all table values to 4 decimal places, and use the rounded table values in calculations.) Table Value Present Valle Skipped Cash Flow $240,000 par (maturity) value $12.000 interest payment Price of Bond eBook Print References

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