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Question 5 View Policies Current Attempt in Progress Blossom Company is issuing eight-year bonds with a coupon ite of 6.1 percent and semiannual coupon payments.

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Question 5 View Policies Current Attempt in Progress Blossom Company is issuing eight-year bonds with a coupon ite of 6.1 percent and semiannual coupon payments. If the current market rate for similar bonds is 9 percent. What will the bond price be? (Round intermediate calculations to 5 decimal places, eg. 1.25145 and bond price to 2 decimal places, eg. 15.25.) Bond price $ If company management wants to raise $1.25 million, how many bonds does the firm have to sell? (Round intermediate calculations to 5 decimal places, eg. 1.25145 and number of bonds to O decimal places, es 5,275) Number of bonds eTextbook and Media Save for Later Attempts: 0 of 3 used Submit

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