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Question: brief exercise 143 your answer is incorrect try again monty...

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Brief Exercise 14-3 Your answer is incorrect. Try again. Monty Corporation issues $450,000 of 1396 bonds that are due in 9 years and pay interest semi-annually. At the time of issue, the market rate for such bonds is 12%. Click here to view the factor table. Using time value of money tables, a financial calculator, and computer spreadsheet functions, calculate the bonds issue price. (For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answer to 0 decimal places, e.g. 5,275.) Issue price of bond 270571
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