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On January 1 , a company issies bonds dated January 1 with a par valize of $ 3 7 0 . 0 0 0 .

On January 1, a company issies bonds dated January 1 with a par valize of $370.000. The bonds mature in 3 years. The contract rane is 6%, and interest is paid semiarnualy on June 30 and December 34. The market rale is 7 : Us. Using the present value factors betow, the issie (sellngl price of the hands is:
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