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er 14, Part 1 savad Brief Exercise 14-4 (Algo) Determining the price of bonds (L014-2) A company issued 10%, 20 year bonds with a face

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er 14, Part 1 savad Brief Exercise 14-4 (Algo) Determining the price of bonds (L014-2) A company issued 10%, 20 year bonds with a face amount of $110 million. The market yield for bonds of similar risk and maturity is 6% Interest is paid semiannually. At what price did the bonds sell? (FV of $1. PV of S1, EVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Enter your answers in whole dollars.) Price of bonds PI 1 of 4 Next > O XI PO search

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