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Question 11 Incorrect Not graded P Flag question Determine the selling price of the following $12,000 bond issued on January 1; Term: 10 years Semiannual

Question 11 Incorrect Not graded P Flag question Determine the selling price of the following $12,000 bond issued on January 1; Term: 10 years Semiannual Interest payments: $480 payments begin on June 30 Current annual market rate of bonds with similar risk: 6% Note: Do not use a negative sign with your answer. Note: Round your answer to the nearest dollar. Bond selling price: $ 13,575 X Check

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