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Sunland Corp, issued $440,000 of 3-year, 6% bonds on May 1, 2021. The market interest rate when the bonds were issued was 8%. Interest is

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Sunland Corp, issued $440,000 of 3-year, 6% bonds on May 1, 2021. The market interest rate when the bonds were issued was 8%. Interest is payable quarterly. (c) Determine the price of the bond. (For calculation pur answer to 2 decimal places, eg. 15.75.) Price of the bond $

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