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Business, 06.02.2021 02:20 daphnevlogs11

Carter Company plans on expanding their business and the board approved a bond issue of $600,000. These bonds will mature in ten-years from January 1, 2020. The stated interest rate is 5% and interest is paid semiannually on June 30 and December 31. The market rate at date of issuance was 6%. Compute the cash received by Carter Company for this bond issue.

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Carter Company plans on expanding their business and the board approved a bond issue of $600,000. Th...

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