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4. A company issues $20,000,000, 8%, 20-year bonds to yield(mkt) 6% on January 1, 2020. Interest is paid on June 30 andDecember 31. The bond
4. A company issues $20,000,000, 8%, 20-year bonds to yield(mkt) 6% on January 1, 2020. Interest is paid on June 30 andDecember 31. The bond is valued at $21,400,000.a. Record the issuance of the l 2 answers
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Derivatives Markets
Authors: Rober L. Macdonald
4th edition
321543084, 978-0321543080
