What is the issue price if the are to yield six percent

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On January 1, 2019 EWO Enterprises issued $1,500,000 of 4% 7-year bonds. Interest payable semiannually one June 30 and December 31.

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Problem 1: What is the issue price if the are to yield 6%? (Round to the nearest dollar)

Reference no: EM132708892

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