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Business, 27.08.2020 14:01 Savageman4654

Pearl Corporation issues $380,000 of 9% bonds, due in 10 years, with interest payable semi-annually. At the time of issue, the market rate for such bonds is 10%. Compute the issue price of the bonds.

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Pearl Corporation issues $380,000 of 9% bonds, due in 10 years, with interest payable semi-annually....
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