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Pearl Ltd. sells $6.20 million of 9% bonds on june 1, 2023. The bonds pay interest December 1 and June 1. The bonds due date

Pearl Ltd. sells $6.20 million of 9% bonds on june 1, 2023. The bonds pay interest December 1 and June 1. The bonds due date is June 1, 2027. The bond yeilds 8%. What is the present value?

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