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Rams Company issued 7 % bonds, dated January 1 , with a face amount of $ 2 1 0 , 0 0 0 on January
Rams Company issued bonds, dated January with a face amount of $ on January The bonds mature in years For bonds of similar risk and maturity the market yield is Interest is paid semiannually on June and December What is the price of the bonds on January Some relevant and irrelevant present value factors:
PV of annuity due of $:; is
PV of ordinary annuity of $:; is
of $:; is
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