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Walter Company issues $750,000 of 8% bonds that pay interest semiannually and mature in 10 years. Compute the bonds issue price assuming that the bonds

Walter Company issues $750,000 of 8% bonds that pay interest semiannually and mature in 10 years. Compute the bonds issue price assuming that the bonds market interest rate is: a. 10% per year compounded annually (4 points) b. 7% per year compounded semiannually (4 points) c. Calculate the amount of premium/discount when the market interest is 7% per year compounded semiannually (2 points)

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