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Exercise 6-13 Your answer is incorrect. Try again. Hincapie Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested co

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Exercise 6-13 Your answer is incorrect. Try again. Hincapie Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested co September 1st, 2017, At the time of issuance, the market interest rate for similar financial instruments is 10%. of directors has decided to raise funds for the new plant by issuing $2,000,000 of 11% term corporate bonds on March As the controller of the company, determine the selling price of the bonds. (Round factor values to 5 decimal places, e.g. Selling price of the bonds 478784.10 Click if you would like to Show Work for this question: Open Show Work CALCULATOR PULL SCREEN PRINTER VERSION 4BACK NEXT requested construction of a new plant to meet the increasing demand for the company's bikes. After a careful evaluation of the request, the bonds on M 9%. ment on imal places, e.g. 1.25124 and final answer to 0 decimal places, e.g, 458,581.) Question Attempts: 2 of 3 used SAVE FOR LATER SUBMIT! SWER

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