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Business, 14.04.2020 18:06 darlasiller
On January 1, year 1, Ziegler issued 5-year bonds with a stated rate of 8% and a face amount of $100,000. The bonds pay interest semiannually. The market rate of interest was 10%. Calculate the issue price of the bonds. Round your answer to the nearest dollar. $92,278
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On January 1, year 1, Ziegler issued 5-year bonds with a stated rate of 8% and a face amount of $100...
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