Question: X Your answer is incorrect. Try again. Larkspur Corporation issues $560,000 of 9% bonds, due in 9 years, with interest payable semiannually. At the time
X Your answer is incorrect. Try again. Larkspur Corporation issues $560,000 of 9% bonds, due in 9 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and decimal places e.g.58,971.) Issue price of the bonds 526680
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