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Ultimate Butter Popcorn issues 7%, 15-year bonds with a face amount of $44,000. The market interest rate for bonds of similar risk and maturity is

Ultimate Butter Popcorn issues 7%, 15-year bonds with a face amount of $44,000. The market interest rate for bonds of similar risk and maturity is 8%. Interest is paid semiannually. At what price will the bonds issue?

face amount 44,000

interest payment ?

market interest rate ?

periods of maturity?

issue price>?

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