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Sykora Corp. sells $495,000 of bonds to private investors. The bonds are due in 5 years, have a 6% coupon rate and interest is paid

Sykora Corp. sells $495,000 of bonds to private investors. The bonds are due in 5 years, have a 6% coupon rate and interest is paid semiannually. Sykora received $490,222 for the bonds at issuance. (Please do not use Excel formulas and show the math involved)

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