Question: A corporation issues $ 4 3 0 0 0 0 on 9 % bonds, due in 1 0 years, with interest payable semiannually. At the

A corporation issues $430000 on 9% bonds, due in 10 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Compute the issue price of the bonds. Round present value factor calculations to 5 decimal places. Round the final answer to zero decimal places.

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