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Riveter Company issues $750,000 of 12% bonds that pay interest semiannually and mature in 10 years. Compute the bonds' issue price assuming that the bonds'

Riveter Company issues $750,000 of 12% bonds that pay interest semiannually and mature in 10 years. Compute the bonds' issue price assuming that the bonds' market interest rate is: 1. 10% per year compounded semiannually 2. 14% per year compounded semiannually None of the above 10%$843,467;14%$670,545 10%$670,545;14%$843,467 10%1$681,447;14%$831,222

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