Ultimate Butter Popcorn issues 6%, 10-year bonds with a face amount of $50,000. The market interest rate for bonds of similar risk and maturity is 7%. Interest is paid semiannually. At what price will the bonds issue? (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round "Market interest rate" to 1 decimal place.) Bond Characteristics Face amount Interest payment Market interest rate Number of periods Issue price Amount $ 50,000

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