6. The company is about to issue ,000,000 of 5-year, 10% bonds. Interest will bepaid semi-annually. The market interest rate for such securities is 12%. How muchcan the company expect to receive from the sale {issuance} of these bonds?
6. The company is about to issue ,000,000 of 5-year, 10% bonds. Interest will bepaid semi-annually. The market interest rate for such securities is 12%. How muchcan the company expect to receive from the sale {issuance} of these bonds?
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