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View Policies Current Attempt in Progress Sheridan Corporation issues 5440,000 of 9% bonds, due in 9 years with interest payable semiannually. At the time of
View Policies Current Attempt in Progress Sheridan Corporation issues 5440,000 of 9% bonds, due in 9 years with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Click here to view factor tables Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, eg, 125124 and the final answer too decimal places s. 58,971) 5 $ Issue price of the bonds Attempts: 0 of 1 used Submit Answer Save for Later
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