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On Januaryta company issues bonds dated January with a par value of $230,000. The bonds mature in 3 years. The contract rate is 7% and

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On Januaryta company issues bonds dated January with a par value of $230,000. The bonds mature in 3 years. The contract rate is 7% and interests and semiannually on June 30 and December 3! The market s Using the present value factors below, the westling price of the bonds is Present Value of an Annuity (series of payments) Present value of 1 (single sum) 0.8163 2.8135 2.7938 5.32 2.5972

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