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Ultimate Butter Popcorn issues 5 % , 1 5 - year bonds with a face amount of $ 4 3 , 0 0 0 .
Ultimate Butter Popcorn issues year bonds with a face amount of $ The market interest rate for bonds of similar risk and maturity is Interest is paid semiannually.
At what price will the bonds issue? FV of $ PV of $ FVA of $ and PVA of $Use appropriate factors from the tables provided. Do not round interest rate factors. Round "Market interest rate" to decimal place.
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