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Please help me solve for the issue price 2. If the market rate is 7%. will the bonds issue at face amount, a discount, or
Please help me solve for the issue price
2. If the market rate is 7%. will the bonds issue at face amount, a discount, or a premium? Caiculote the issue price. (Round "PV Factor" to 5 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount, Enter your answer in dollars, not in millions.) TABLE 2 Present Value of 51 4 Present Value of an Ordinary Annuity of $1 111+21 Step by Step Solution
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