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A B C 1 On January 1, Ruiz Company issued bonds as follows: Face Value: Number of Years: Stated Interest Rate: Interest payments per year

A B C 1 On January 1, Ruiz Company issued bonds as follows: Face Value: Number of Years: Stated Interest Rate: Interest payments per year Use the Excel PV function to verify the selling prices of the bonds. a) Annual Market Rate 9% Bond Selling Price b) Annual Market Rate 6% Bond Selling Price

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