Question: BACK NEX Brief Exercise 14-01 x Your answer is incorrect. Try again. Sunland Corporation issues $440,000 of 9% bonds, due in 9 years, with interest
BACK NEX Brief Exercise 14-01 x Your answer is incorrect. Try again. Sunland Corporation issues $440,000 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 factor calculations to 5 decimal places, e.g. 1.25124 and the final answer to o decimal places e.g. 58,971.) Issue price of the bonds T 493187.414
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