Question: LO3, 6 17.19. Computing Bond Issue Price Abbington Inc. issues $700,000 of 9% bonds that pav interest semiannually and mature in 10 years pute the

LO3, 6 17.19. Computing Bond Issue Price Abbington Inc. issues $700,000 of 9% bonds that pav interest semiannually and mature in 10 years pute the bond issue price assuming that the prevailing market rate of interest is: a. 8% per year compounded semiannually. b. 10% per year compounded semiannually

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