Question: Use the present value tables in the appendix on present value tables to calculate the issue price of a $ 3 0 0 , 0

Use the present value tables in the appendix on present value tables to calculate the issue price of a $300,000 bond issue.
Assume interest is paid semiannually.
If its a 10-year, 10 percent bond issue; the market interest rate is 8 percent.

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