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Issue Price of a Bond Conner Enterprises issued $ 1 5 0 , 0 0 0 of 1 0 % , 5 - year bonds

Issue Price of a Bond
Conner Enterprises issued $150,000 of 10%,5-year bonds with interest payable semiannually. Determine the issue price if the bonds are priced to yield (a)10%,(b)8%, and (c)12%.
Use financial calculator or Excel to calculate answers. Round answers to the nearest whole number.
a.) Answer
b.) Answer
c.) Answer

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