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Whipple corp just issued 320000 bonds with a coupon rate of

Whipple Corp. just issued 320,000 bonds with a coupon rate of 6.26 percent paid semiannually that mature in 25 years. The bonds have a YTM of 6.70 percent and have a par value of $2,000. How much money was raised from the sale of the bonds? (Round your intermediate calculations to two decimal places and final answer to the nearest whole dollar amount.)

$1,163.64 million
$640.00 million
$581.82 million
$606.06 million
$565.66 million

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Finance Basics: Whipple corp just issued 320000 bonds with a coupon rate of

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Finance Basics: Whipple corp just issued 320000 bonds with a coupon rate of

Reference No:- TGS02928228

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