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Computing Bond Issue Price Abbington Inc. issues $ 3 8 5 , 0 0 0 of 9 % bonds that pay interest semiannually and mature
Computing Bond Issue Price Abbington Inc. issues $ of bonds that pay interest semiannually and mature in years. Compute the bond issue price assuming that the prevailing market rate of interest is: Abbington Inc. issues $ of bonds that pay interest semiannually and mature in years. Compute the bond issue
price assuming that the prevailing market rate of interest is:
Note: Round your answer to the nearest whole dollar.
a per year compounded semiannually. $
b per year compounded semiannually. $
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