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  • Sep 3, 2013, 07:15 PM
    bennetn1
    journalize entries
    Compute the price of $6,447,491 received for the bonds by using the tables of present value in Appendix A. (Round to the nearest dollar.) Your total may vary slightly from the price given due to rounding differences.
    Present value of the face amount $
    Present value of the semi-annual interest payments $
    Price received for the bonds $

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