Tuber Company issued $2,000,000, 10%, 2-year bonds which pay interest semiannually. Compute the amount at which the bonds would sell if investors required a rate of return of 8%.

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The Answer of Tuber Company issued $2,000,000, 10%, 2-year bonds which pay interest semiannually. Compute the amount at which the bonds would sell if investors required a rate of return of 8%.

Tuber Company Issued $2,000,000, 10%, 2-Year Bonds Which Pay Interest