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On January 1,2022, Jason Company issued $5.0 million of 10 -year bonds at a 10% coupon interest rate to be paid annually. The following present

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On January 1,2022, Jason Company issued $5.0 million of 10 -year bonds at a 10% coupon interest rate to be paid annually. The following present value factors have been provided: What was the issuance price of the bonds if the market rate of interest was 8% ? Multiple Choice $5,712,500. $5,670,000. $5,000,000. $5,387,500

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