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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 275,000 bonds with a coupon rate of 5.99 percent paid semiannually that mature in 20 years. The bonds have a YTM of 6.43 percent and have a par value of $2,000. 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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$488,110,000
$550,000,000
$502,060,000
$1,004,120,000
$522,978,500
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