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Maggie Enterprises issued $ 1 2 0 , 0 0 0 of 6 % , 5 - year bonds with interest payable semiannually. Determine the

Maggie Enterprises issued $120,000 of 6%,5-year bonds with interest payable semiannually. Determine the issue price if the bonds are priced to yield (a)6%,(b)8%, and (c)4%.
Use financial calculator or Excel to calculate answers. Round answers to the nearest whole number.

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