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When the market rate of interest was 12%, Newman Corporotion issued $691,000,114, fiveyear bonds that pay interest semiannually. Determine the selling price of this bond

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When the market rate of interest was 12%, Newman Corporotion issued $691,000,114, fiveyear bonds that pay interest semiannually. Determine the selling price of this bond issue. Use the present value tables below. Rristet iee of 41 Soldoct the curfect aniswer. SnM, Pret 5977461 \) (x) and

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