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Here is the following question I am stuck on in a Practice Quiz which is asking for the selling price: When the market rate of

Here is the following question I am stuck on in a Practice Quiz which is asking for the selling price:

When the market rate of interest was 11%, Christopher Corporation issued $100,000 of five-year, 12% bonds that pay interest semiannually. The selling price of this bond issue was

How do we calculate for the selling price in this problem?

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