Question: correct answer only On October 1, 2023, Eastern Timber inc. has available for issue $890.000 bonds due in four years. Interest at the rate of
correct answer only
On October 1, 2023, Eastern Timber inc. has available for issue $890.000 bonds due in four years. Interest at the rate of 9.00% is to he paid quarterly. Calculate the issue price if the market interest rate is: (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Answer is complete but not entirely correct
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