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On January 1,2022 , a corporation issued $500,000,8%,10 year bonds. The bonds pay interest semi-annually on June 30 and December 31. The market rate of

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On January 1,2022 , a corporation issued $500,000,8%,10 year bonds. The bonds pay interest semi-annually on June 30 and December 31. The market rate of interest is 10%. Determine the selling price of the bond. $475,000 $539.550 $500,050 $499,800 $437,740

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