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Present Value of Bonds Payable; Premium Moss Co. Issued $410,000 of four year, 11% bonds with interest payable semiannually, at a market (effective interest rate

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Present Value of Bonds Payable; Premium Moss Co. Issued $410,000 of four year, 11% bonds with interest payable semiannually, at a market (effective interest rate of 10% Determine the present value of the bonds payable, using the present value tables in Exhibits and Exlubit 7. Round to the nearest dollar

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