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Snorgio Corporation issued $130,000 par value, 2%, 4 -year bonds (i.e., there were 130 of $1.000 par value bonds in the issue). Interest is payable

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Snorgio Corporation issued $130,000 par value, 2%, 4 -year bonds (i.e., there were 130 of $1.000 par value bonds in the issue). Interest is payable semiannuaty each January 1 and July t with the inst interest payment due at the end of the period on July 1 . Determine the issis price of the bonds if the market rade of internat is 4%. Future Vatuat of 51 table Euture Value of an Ordinary Annuly table Euture Yalve of an Annevity Due table Prosent Value of $11 table Present Value of an Ordinary. Annuity tabin. Present Value of an Annuiby Due table Delermine the issue price of the bonds, (Use the present value and future value tables, the formula method, a financial calculator, of a spreadsheet for your caicilations. If using proseet and future value tables of the formula method, use factor amounts rounded to five decirral places, X XXXXCX. Round your fral answers to the neatest whole dolat ) The issue price of the bonds =

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