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Solve the selling price for bonds with a face value

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Reference no: EM132755022

Problem 1: Solve the selling price for bonds with a face value of $720,000 and face rate of 6%, issued to yield 8%, due in 10 years, paying interest semi-annually. (Do not round intermediate calculations and round answer to 0 decimal places, e.g. 5,275.)

Reference no: EM132755022

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