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Inc. issued ten-year bonds with a face value of $150,000 and a stated interest rate of 8% On January 1, 2020 payable on December 31

Inc. issued ten-year bonds with a face value of $150,000 and a stated interest rate of 8% On January 1, 2020 payable on December 31 . Similar bonds had a rate of 6%. Calculate the issue price of the bonds

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