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On January 1, Thomas Corporation issued $500,000 of 9%, 18-yearbonds that pay interest semi-annually on June 30 and December 31.The bonds were issued to yield

On January 1, Thomas Corporation issued $500,000 of 9%, 18-yearbonds that pay interest semi-annually on June 30 and December 31.The bonds were issued to yield 6%. What will be the issue price ofthe 2 answers

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