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On January 1 , Aegnir Corp. issued 2 0 0 , 1 0 year, 7 % , $ 1 , 5 0 0 bonds with

On January 1, Aegnir Corp. issued 200,10 year, 7%, $1,500 bonds with cash interest payable on July 1 and January 1. The market price for bonds of similar risk is 6%. What is selling price c your calculation to the nearest dollar.
Select one:
a. $327,003
b. $278,682
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