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NewCorp Co. needs to raise money and issued $650000 in quarterly bonds. These bonds have...

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Finance

NewCorp Co. needs to raise money and issued $650000 in quarterly bonds. These bonds have a 2.75% nominal interest rate. The current nominal interest rate for bonds similar to this is 3.25%. The bonds reach maturity in 19 years. How much cash will NewCorp Co. receive from the bonds?

Face Value Coupon Rate % Coupon PMT $ Market Interest Rate Payment Periods Present Value
______ ______ _____ ______ _____ ______

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