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Business, 19.04.2021 16:20 tyheath42

Tano Company issues bonds with a par value of $180,000 on January 1, 2019. The bonds' annual contract rate is 8%, and interest is paid semiannually on June 30 and December 31. The bonds mature in three years. The annual market rate at the date of issuance is 10%, and the bonds are sold for $170,862.1. What is the amount of the discount on these bonds at issuance

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Tano Company issues bonds with a par value of $180,000 on January 1, 2019. The bonds' annual contrac...

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