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View Policies Current Attempt in Progress Hamilton Company issues $10,000,000, 6%, 5-year bonds dated January 1, 2020 on January 1, 2020. The bonds pay

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View Policies Current Attempt in Progress Hamilton Company issues $10,000,000, 6%, 5-year bonds dated January 1, 2020 on January 1, 2020. The bonds pay interest ser annually on June 30 and December 31. The bonds are issued to yield 5%. What are the proceeds from the bond issue? 2.5% 3.0% 5.0% 6.0% Present value of a single sum for 5 periods .88385 .86261 .78353 .74726 Present value of a single sum for 10 periods .78120 .74409 .61391 .55839 Present value of an annuity for 5 periods 4.64583 4.57971 4.32948 4.21236 Present value of an annuity for 10 periods 8.75206 8.53020 7.72173 7.36009 O $10,000,000 O $10.437,618 O $10,432,988 O $10.434,616 eTextbook and Media Assistance Used

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