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QS 14-6 Calculating the price of a bond using PV tables (or business calculator PV function) L04 On August 1, 2017, Billboard Inc. issued $520,000

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QS 14-6 Calculating the price of a bond using PV tables (or business calculator PV function) L04 On August 1, 2017, Billboard Inc. issued $520,000 of 10%, seven-year bonds. Interest is to be paid semiannually. Required: Calculate the issue price of the bonds if the market interest rate was: a. 12% b.10% c.14%

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