Business, 08.07.2020 21:01 crystalclear99

Marwick Corporation issues 8%, 5 year bonds with a par value of $1,210,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 6%. What is the bond's issue (selling) price, assuming the following Present Value factors: n

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Marwick Corporation issues 8%, 5 year bonds with a par value of $1,210,000 and semiannual interest p...

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