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right answer please Exercise 14.5 Calculating the issue price using business calculator PV function LO4 On October 1, 2020, Eastern Timber Inc has available for
right answer please
Exercise 14.5 Calculating the issue price using business calculator PV function LO4 On October 1, 2020, Eastern Timber Inc has available for issue $905,000 bonds due in four years. Interest at the rate of 4.00% is to be paid quarterly. Calculate the issue price if the market interest rate is: (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Issue Price a 5% b4% c. 3% esStep by Step Solution
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