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Maggie Enterprises issued $140,000 of 6%, 5-year bonds with interest payable semiannually. Determine the issue price if the bonds are priced to yield (a) 6%,
Maggie Enterprises issued $140,000 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%.
If possible can you show the steps and what future value table that is used? thank you
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