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What is the market price

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Question - What is the market price of a? $800,000,ten-?year, ?10% bond issue sold to yield an effective rate of? 8% if interest is paid? semiannually? (Use spreadsheet software or a financial calculator to calculate your answer. Do not round any intermediary? calculations, and round your final answer to the nearest? dollar.)

A. ?$907,361

B. ?$554,217

C. ?$930,467

D. ?$908,723

Reference no: EM133054251

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