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Business, 25.05.2021 15:50 SMURFETTE86

Harry Henry and Halsey Inc need money so they sell 100,000 bonds, contract rate 10%, market rate 12% maturing in 10 years. Interest is payable semi-annually. The present value of the repayment to be made at the end of the life of the bond issue is

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Harry Henry and Halsey Inc need money so they sell 100,000 bonds, contract rate 10%, market rate 12%...

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