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Business, 07.11.2021 04:10 ava9308

On January 1, 2019, Bay Company issues bonds with a face value of $850,000 that pay 9% interest semiannually and mature in 15 years. The market interest rate at the date of issuance is 8%. What is the issue price of the bond

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On January 1, 2019, Bay Company issues bonds with a face value of $850,000 that pay 9% interest semi...

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