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A company issues 6% bonds with a par value of $150,000 at par on January 1. The market rate on the date of issuance was

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A company issues 6% bonds with a par value of $150,000 at par on January 1. The market rate on the date of issuance was 5%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holders) is: Multiple Choice . $7,500. $9,000. $4,500. $3,750, $0

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