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signment 2 wey.com/was/ui/v2/assessment-player/index.html?launchid-56551860-16cd-4d43-bb31-fdbfc4aa33a94/question/0 Question 1 of 10 > 0/1 Current Attempt in Progress x Your answer is incorrect. Blossom Corporation issues $560,000 of 9%

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signment 2 wey.com/was/ui/v2/assessment-player/index.html?launchid-56551860-16cd-4d43-bb31-fdbfc4aa33a94/question/0 Question 1 of 10 > 0/1 Current Attempt in Progress x Your answer is incorrect. Blossom Corporation issues $560,000 of 9% bonds that are due in 8 years and pay interest semi-annually. At the time of issue, the market rate for such bonds is 8% Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Calculate the bonds' issue price by (1) using the factor tables provided (2) a financial calculator, or (3) Excel function PV. (Hint: Refer to Chapter 3 for tips on calculating) (Round present value factor calculations to 5 decimal places, es 1.25124 and final answer to 0 decimal places eg. 58,971.) Issue price of bond $ 293,637.84932 eTextbook and Media Attempts: unlimited Submit Awer 21:34 D

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