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Business, 13.12.2019 21:31 nathancikra

Evans & sons, inc. reported the following borrowings in a prior annual report: effective interest borrrowing ($ in millions) amount rate (%)

a. 4.00 percent, zero-coupon bond, due 2020 $202 4.00
b. 4.80 percent debentures, due 2033 500 5.00
c. 3.80 percent debentures, due 2017 500 3.95
d. 6.95 percent bonds, due 2025 293 6.85
for each borrowing, indicate whether the bond or debenture was originally sold at its face value, a discount, or a premium.

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