Question: A . On January 1 , 2 0 2 4 , the Wildcat Corporation issued 1 0 % ( annual interest rate ) , six

A. On January 1,2024, the Wildcat Corporation issued 10%(annual interest rate), six-year $600,000 corporate bonds. Interest on the bonds is payable each June 30% and December 31st beginning June 30,2024. The bonds were sold to yield 8% annually. The principal on the bonds will be due on December 31,2029. Calculate the issuance price of the bond on January 1,2024. Round your answer to the nearest dollar.
Issuance price of the bonds on January 1,2024?
A. On January 1,2024, the Wildcat Corporation issued 10%(annual interest rate),

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