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A bond issue with a face amount of $509,000 bears interest at the rate of 7%. The current market rate of interest is 6%. These
| A bond issue with a face amount of $509,000 bears interest at the rate of 7%. The current market rate of interest is 6%. These bonds will sell at a price that is: |
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
10th edition
978-1-119-3061, 1119306167, 978-1119444367
