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GHI Company win issue $2, 000, 000 in 8%, 10-year bonds when the market rate of interest is 6%. Interest is paid semiannually. Determine how

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GHI Company win issue $2, 000, 000 in 8%, 10-year bonds when the market rate of interest is 6%. Interest is paid semiannually. Determine how much cash GHI Company should realize from the bond issue-i.e. what is the selling or issue price of the bonds

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