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A company issues 8%, 6-year bonds with a par value of $600,000. The current market rate is 8%. The amount of interest owed to the
A company issues 8%, 6-year bonds with a par value of $600,000. The current market rate is 8%. The amount of interest owed to the bondholders for each semiannual interest payment is. A $24,000. B $48,000. C $600,000. D $4,800,000. E $0.
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