Business, 15.04.2020 02:30 sherlock19

Excel Carie Company issues bonds due in 10 years with a stated interest rate of 6% and a face value of $500,000. Interest payments are made semi-annually. The market rate for this type of bond is 5%. Using a financial calculator or Excel, what is the issue price of the bonds

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Excel Carie Company issues bonds due in 10 years with a stated interest rate of 6% and a face value...

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