On january 1, 2016, bonds with a face value of $72,000 were sold. the bonds mature on january 1, 2026. the stated interest rate is 6%. the bonds pay interest semiannually on july 1 and january 1. the market rate of interest is 10%. what is the market price of the bonds? (round to the nearest dollar)
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On january 1, 2016, bonds with a face value of $72,000 were sold. the bonds mature on january 1, 202...
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