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Business, 20.12.2019 00:31 CelesteN64

On april 7, 2018, waterway industries sold a $51, twenty-year, 9 percent bond issue for $5406000. each $1000 bond has two detachable warrants, each of which permits the purchase of one share of the corporation's common stock for $30. the stock has a par value of $25 per share. immediately after the sale of the bonds, the corporation's securities had the following market values:

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On april 7, 2018, waterway industries sold a $51, twenty-year, 9 percent bond issue for $5406000. ea...

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