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Indigo Corporation issues $ 5 7 0 , 0 0 0 of 9 % bonds, due in 9 years, with interest payable semiannually. At the
Indigo Corporation issues $ of bonds, due in years, with interest payable semiannually. At the time of
issue, the market rate for such bonds is
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Compute the issue price of the bonds. Round present value factor calculations to decimal places, eg and the
final answer to decimal places, eg
Issue price of the bonds $
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