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Determine the market price of a $100,000, 10-year, 6% (pays interest semiannually) bond issue sold to yield an effective rate of 8%. (Round factor
Determine the market price of a $100,000, 10-year, 6% (pays interest semiannually) bond issue sold to yield an effective rate of 8%. (Round factor values to 5 decimal places, e.g. 1.25125 and final answer to O decimal places, e.g. 458,582.) Click here to view factor tables Market price of bond issue $
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