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On January 2 , 2 0 2 0 , Wine Corporation wishes to issue $ 6 , 0 0 0 , 0 0 0 (
On January Wine Corporation wishes to issue $par value of its
year bonds. The bonds pay interest annually on January The current yield
rate on such bonds is Using the interest factors below, compute the amount
that Wine will realize from the sale issuance of the bonds.
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