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For 2-3 use the following: The company issues 8%20-year bonds with a total face amount of $1,000,000 with interest paid semi-annually. The market rate of

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For 2-3 use the following: The company issues 8%20-year bonds with a total face amount of $1,000,000 with interest paid semi-annually. The market rate of interest is 8.4%. Round to nearest dollar 2. What is the issue price of the bond? \$ 3. What is the interest expense for the first interest payment

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