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National Motors Corporation Is planning to Issue bonds with a face value of ( $ 2 6 0 , 0 0 0
National Motors Corporation Is planning to Issue bonds with a face value of $ and a coupon rate of percent. The oonds mature In years and pay interest semiannually every June and December All of the bonds were sold on January of this year. FV of $ PV of $ FVA of $ and Use the approprlate factors from the tables provlded. Round your final answer to whole dollars. Determine the issuance price of the bonds assuming an annual market rate of Interest of percent.
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