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Whipple corporation just issued 150000 bonds with a coupon rate of 5.78 percent paid semiannually that matures in 25 years. The bonds have a YTM

Whipple corporation just issued 150000 bonds with a coupon rate of 5.78 percent paid semiannually that matures in 25 years. The bonds have a YTM of 6.22 percent and a par value of 2000. How much money was raised from the sale of the bonds?

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