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6 You are going to issue a $5K bond with a 10% return. Interest is due on March 1 and September 1 of each year.
6 You are going to issue a $5K bond with a 10% return. Interest is due on March 1 and September 1 of each year. Principal is due at the end of 4 years. On the date of issuance (March 1), the market rate is 8%. How much cash will you get now? What are the journal entries for the first year
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