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Business, 09.12.2020 01:00 20alondra04

A company issues 7%, 8-year bonds with a par value of $110,000 on January 1 at a price of $118,359, when the market rate of interest was 6%. The bonds pay Interest semiannually. The amount of each semiannual interest payment is:

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A company issues 7%, 8-year bonds with a par value of $110,000 on January 1 at a price of $118,359,...
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