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Business, 27.10.2020 18:00 jaylaa04

plans to issue $300,000 of 10-year bonds paying a 5% interest rate, with interest payable annually. The discount rate for such securities is 4%. How much can the company expect to receive from the sale of the bonds?

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plans to issue $300,000 of 10-year bonds paying a 5% interest rate, with interest payable annually....
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