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03-06-2023
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Present Value of Bonds Payabie; Premium Moss Co, issued $100,000 of fourmyear, 12% bonds, with interest payable semiannually, at a market (effective) interest rate of g\%. Determine the present value of the bonds payabie, using the present value tablec in Exhibit: 5 and Exhibit 7 . Note: Round final answer to the nearest dollar

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