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Knowledge Check 01 Mufala, Inc., will issue $10,000,000 of 6% 10-year bonds. The market rate for bonds with paid by Mufala semiannually. What is the

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Knowledge Check 01 Mufala, Inc., will issue $10,000,000 of 6% 10-year bonds. The market rate for bonds with paid by Mufala semiannually. What is the issue price of the bonds? (Refer to the appropriate table in the Present and Future Value Tables section of your text. (Round your answer to the nearest whole dollar.) similar risk and maturity is 8%. Interest will be Issue price of the bonds

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