800 bonds 1000 face value 8 stated rate 10 years semiannual, Ask an Expert

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800 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments.Assuming the market rate of interest is 10%, calculate the selling price for each bond issue. Refer to the tables above for present value factors. If required, round all calculations to the nearest dollar.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9970262

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