How to calculate the sale price of bonds?

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On January 1 a company issues bonds dated January 1 with a par value of 400,000. the bonds mature in 5 years. the contract rate is 7% and interest is paid semi annually on June 30 and December 31. the market rate is 8%. calculate the sale price.


what is the sale price and how do u get it?

How to calculate the sale price of bonds?