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Compute the selling price of 8%, 10-year bonds with a par value of $220,000 and semiannual...

Compute the selling price of 8%, 10-year bonds with a par value of $220,000 and semiannual interest payments. The annual market rate for these bonds is 10%. Use present value Table B.1 and Table B.3 in Appendix B. (Round all table values to 4 decimal places, and use the rounded table values in calculations.)
  

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Bond Valuation Bond Face Value 220000 Bond Interest rate 8.0% Market Interest Rate (Yield rate) 10.0% Bond tenure 10 Interest

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