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LaTanya Corporation is planning to issue $ 1 6 0 , 0 0 0 , five - year, 6 percent bonds. Interest is payable semi
LaTanya Corporation is planning to issue $ fiveyear, percent bonds. Interest is payable semiannually each June and December All of the bonds will be sold on July year ; they mature on June year Use Table C Table C
Required:
Compute the issue sale price on July year if the market interest rate is: Round time value factor to decimal places. Round the final answers to the nearest dollar amount.
tableIssue pricea percent,$b percent,,c percent,,
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