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Dallas Co. sells $800,000 of 12% bonds on January 1, 2020. The bonds pay interest semi-annually on June 30 and December 31. The maturity date

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Dallas Co. sells $800,000 of 12% bonds on January 1, 2020. The bonds pay interest semi-annually on June 30 and December 31. The maturity date of the bonds is January 1, 2024. The bonds are priced with a market rate of 10%. The present value factors for these bonds are: .67684 Present value of a single sum... Present value of ordinary annuity. 6.46321 What is the appropriate issue price for these bonds? $751,402 O $850,717 $750,322 $851,706

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