Business, 27.11.2019 02:31 edog7755

Bonita industries wishes to issue $69 (par value) of its 7%, 10-year bonds. the bonds pay interest annually on january 1. the current yield rate on such bonds is 12%. using the interest factors below, compute the amount that bonita will realize from the sale (issuance) of the bonds.

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Bonita industries wishes to issue $69 (par value) of its 7%, 10-year bonds. the bonds pay interest a...

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