Business, 29.08.2019 22:30 neekobecky599

Abond with a maturity value of $700,000 was initially issued for $715,000. the bond has a ten-year life and a stated interest rate of 10%. the total interest expense over the life of the bond is: a) $700,000.b) $685,000.
c) not determinable without knowing the bond's effective yield. d) $715,000.

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Abond with a maturity value of $700,000 was initially issued for $715,000. the bond has a ten-year l...