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Crane Corporation issues $530,0000 of 9% bonds, dye in 10 years, with interest payable semiannually. At the time of issuance, the market rate for such
Crane Corporation issues $530,0000 of 9% bonds, dye in 10 years, with interest payable semiannually. At the time of issuance, the market rate for such bonds is 10%. Compute the issuance price of the bonds
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