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Whipple Corporation just issued 315,000 bonds with a coupon rate of 6.23 percent paid semiannually that mature in 20 years. The bonds have a YTM

image text in transcribed Whipple Corporation just issued 315,000 bonds with a coupon rate of 6.23 percent paid semiannually that mature in 20 years. The bonds have a YTM of 6.67 percent and have a par value of $2,000. How much money was raised from the sale of the bonds? Multiple Choice $599.63 million $559.65 million $1,151.29 million $575.64 million $630.00 million

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