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Question 6 1 pts (Q6) Langsdon is considering purchasing a $300,000 4% 5-year bond of Lehning Company on January 1 of this year. The bond
Question 6 1 pts (Q6) Langsdon is considering purchasing a $300,000 4% 5-year bond of Lehning Company on January 1 of this year. The bond pays interest semi-annually on June 30 and December 31. The current market rate on similar securities is 6%. Determine the selling price for the bond. Round to the nearest dollar (no decimals) and use the amortization factor tables posted below. Amortization Factor Tables.pdf DO NOT use the $ sign or a comma in your
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