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Score: 8.40/10 Points 84x 6. Award: 0.30 out of 0.60 points Question 6 (of 15) Retum Te Atsignment List You did not receive full

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Score: 8.40/10 Points 84x 6. Award: 0.30 out of 0.60 points Question 6 (of 15) Retum Te Atsignment List You did not receive full credit for this question in a previous am Brief Exercise 9-5 Calculate the issue price of bonds (LO9-5) Ultimate Butter Popcom issues 5%, 10-year bonds with a face amount of $55,000. The market interest rate for bonds of similar risk and maturity is 4% Interest is paid semiannually At what price will the bonds issue? (EY of $1. PV of $1. EVA of 51. and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round "Market interest rate" to decimal place.) Bend Characteristice Amount 55,000 Face amount Interest payment 1,375 Market interest rate 20% C Periods to maturity sue price 10 50,498 eBook & Resources ebook Determine the price of a bond issue MacBook Pro

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