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on December 31, 2018, when the market interest rate is 8%, Mcmann realty issues $500,000 of 5.25%, 10 year bonds payable. The bonds pay interest
on December 31, 2018, when the market interest rate is 8%, Mcmann realty issues $500,000 of 5.25%, 10 year bonds payable. The bonds pay interest semiannually. The present value of the bonds at issuance amounts to what?
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