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Tamarisk Corporation issues $410,000 of 9% bonds, due in 10 years, with interest payable semiannually....

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Accounting

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Tamarisk Corporation issues $410,000 of 9% bonds, due in 10 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10x Click here to view factor tables. Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, es. 1.25124 and the final answer to 0 decimal places es. 58,971.) Issue price of the bonds s Attempts: 1 of 2 used

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