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Viking Destinations Issues bonds due in 10 years with a stated interest rate of 8% and a face value of $560,000. Interest payments are

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Viking Destinations Issues bonds due in 10 years with a stated interest rate of 8% and a face value of $560,000. Interest payments are made semi-annually. The market rate for this type of bond is 7%. Using present value tables, calculate the issue price of the bonds. (FV of $1, PV of $1. FVA of $1, PVA of $1. EVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $307,083. $523,574 $560,000 $599,797 < Prev 7 of 30 Next>> Submit

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