Business, 20.08.2020 16:01 masteroftheuniverse3

A company issues 9%, 5-year bonds with a par value of $140,000 on January 1 at a price of $145,678, when the market rate of interest was 8%. The bonds pay interest semiannually. The amount of each semiannual interest payment is:

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A company issues 9%, 5-year bonds with a par value of $140,000 on January 1 at a price of $145,678,...

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