On January 1,2024 , Wildhorse issued $6,000,000,6% bonds. Interest is payable semi-annually on June 30...
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On January 1,2024 , Wildhorse issued $6,000,000,6% bonds. Interest is payable semi-annually on June 30 and December 31 . The bonds mature on January 1,2034 . The bonds are sold to yield 12%. Click here to view factor table. (a) Calculate the issue price of the bonds. (Round factidr values calculations to 5 decimal places, e.g. 2.55555 and final answer to 0 decimal places, e.g. 25,000.) Issue price of bond Attempts: 0 of 1 used (b)
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