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View Policies Current Attempt in Progress On January 2, 2020, Coronado Industries wishes to issue $5600000 (par value) of its 8%, 10-year bonds. The bonds

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View Policies Current Attempt in Progress On January 2, 2020, Coronado Industries wishes to issue $5600000 (par value) of its 8%, 10-year bonds. The bonds pay interest annually on January 1. The current yield rate on such bonds is 11%. Using the interest factors below.compute the amount that Coronado will realize from the sale (issuance) of the bonds. 0.4632 0.3522 Present value of 1 at 8% for 10 periods Present value of 1 at 11% for 10 periods Present value of an ordinary annuity at 8% for 10 periods Present value of an ordinary annuity at 11% for 10 periods 6.7101 5.8892 $6160037 $4610682 $6193746 $6160000

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