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E9-16. Issue Price of a Bond Conner Enterprises issued $100,000 of 10%, five-year bonds with interest payable semiannually. Determine the issue price if the bonds

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E9-16. Issue Price of a Bond Conner Enterprises issued $100,000 of 10%, five-year bonds with interest payable semiannually. Determine the issue price if the bonds are priced to yield (a) 10%, (b) 8%, and (c) 12%. E9-17. Issue Price of a Bond Lunar, Inc., plans to issue $900,000 of 10% bonds that will pay interest semiannually and mature in five years. Assume that the effective interest rate is 12 percent per year compounded semiannually. Calculate the selling price of the bonds

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