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What is the issue price of the? bonds

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A 20?-year bond issue of 5,100,000 and bearing interest at 4?% payable annually is sold to yield 4.3?% compounded quarterly. What is the issue price of the? bonds? ?(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as? needed.)

Reference no: EM132722266

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