Business, 17.12.2019 21:31 reesemf2006

On april 1, year 1, norman company issues $200,000 of 6% bonds. the market rate of interest is 6%. interest of $6,000 is payable semi-annually on june 30 and december 31. the indenture is dated january 1, year 1, and the bonds mature 5 years from that date. on the date of issue, the price of the bonds will be equal to

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On april 1, year 1, norman company issues $200,000 of 6% bonds. the market rate of interest is 6%. i...