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on January 1, 2019, Firm X issued 7% bonds, face value $5,000,000 due at the end of 5 years with interest paid annually Assume yield

on January 1, 2019, Firm X issued 7% bonds, face value $5,000,000 due at the end of 5 years with interest paid annually Assume yield rate is 6%. Yield Rate 6% Present value of 1 at 6% .74726 Present v...

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