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Maggie Enterprises issued $ 7 0 0 , 0 0 0 of 6 % , five - year bonds with interest payable semiannually. Determine the

Maggie Enterprises issued $700,000 of 6%, five-year bonds with interest payable semiannually.
Determine the issue price if the bonds are priced to yield:
a)6% $Answer
b)8% $Answer
c)4% $ Answer

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