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Question 2 Not yet answered Marked out of 6.00 Flag question A company issued $30 million of face value bonds, with a coupon rate of

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Question 2 Not yet answered Marked out of 6.00 Flag question A company issued $30 million of face value bonds, with a coupon rate of 5% payable semi-annually. The maturity date on the bonds is in 15 years. The bonds were sold in the market and investors required a 5.5% yield to maturity. Given this information, how much was received by the company in its bond issue? Enter your answer using two decimal places and with a \$ and appropriate comma separators. For example \$1,234,567.89

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