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Business, 12.08.2020 07:01 mckinleesmomp6qj1e
A company issues 7% bonds with a par value of $70,000 at par on January 1. The market rate on the date of issuance was 6%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is:
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A company issues 7% bonds with a par value of $70,000 at par on January 1. The market rate on the da...
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