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  3. wildhorse corporation issues $470,000 of 9% bonds,

Wildhorse Corporation issues $470,000 of 9% bonds, due in 9 years, with interest payable semiannually....

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Wildhorse Corporation issues $470,000 of 9% bonds, due in 9 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Click here to view factor tables. Compute the issue price of the bonds. (Round present value foctor calculations to 5 decimal ploces, eg, 1.25124 and the final answer to 0 decimal places es 58,971 Issue price of the bonds. 5

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