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Roman Destinations issues bonds due in 10 years with a stated interest rate of 5% and a face value of $520,000 Interest payments are made
Roman Destinations issues bonds due in 10 years with a stated interest rate of 5% and a face value of $520,000 Interest payments are made semiannually. The market rato for this type of bond is 4%. Using present value tables, calculate the issue price of the bonds. (EV or $1. PV of $1. EVA of $1. PVA OL $1. EVAD ol Stond PVAD of $1 (Use appropriate factor(s) from the tables provided.) Multiple Choice $562513 C) $354299 Oo oo 5481,319. $520,000
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