Business, 02.04.2020 01:34 landonreed5803

Garcia company issues 8.00%, 15-year bonds with a par value of $290,000 and semiannual interest payments. on the issue date, the annual market rate for these bonds is 6.00%, which implies a selling price of 114 3/4.

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Garcia company issues 8.00%, 15-year bonds with a par value of $290,000 and semiannual interest paym...