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Whipple Corporation just issued 2 7 5 , 0 0 0 bonds with a coupon rate of 5 . 9 9 percent paid semiannually that
Whipple Corporation just issued bonds with a coupon rate of percent paid semiannually that mature in years. The bonds have a YTM of percent and have a par value of $ How much money was raised from the sale of the bonds? Round your intermediate calculations to two decimal places and final answer to the nearest whole dollar amount.
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