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When the market rate of interest was: 12%. Munson Corporation issued $1,000,000,13%,8-year bonds that pay interest semiannualiy . The selling price of this bond issue

When the market rate of interest was: 12%. Munson Corporation issued $1,000,000,13%,8-year bonds that pay interest semiannualiy . The selling price of this bond issue was a. $1,000,000 b. $1,050.890 c. $726920 d. $1,154,387

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