Question: Hillside Excursions issues bonds due in 15 years with a stated interest rate of 10% and a face value of $150,000. Interest payments are

Hillside Excursions issues bonds due in 15 years with a stated interest rate of 10% and a face value of $150,000. Interest payments are made semi- annually. The market rate for this type of bond is 8%. Using a financial calculator or Excel, calculate the issue price of the bonds. Multiple Choice $133,626 $152.630. $175.938 $150,000

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