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Business, 06.06.2020 16:57 kanajahbunn

On December 31, 2018, when the market interest rate is 16%, Carter Corporation issues $ 150 comma 000 of 10%, 8-year bonds payable. The bonds pay interest semiannually. Determine the present value of the bonds at issuance.

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On December 31, 2018, when the market interest rate is 16%, Carter Corporation issues $ 150 comma 00...
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