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A company issues 9%, 5-year bonds with a par value of $250,000 on January 1 at a price of $260,139, when the market rate of
A company issues 9%, 5-year bonds with a par value of $250,000 on January 1 at a price of $260,139, when the market rate of interest was 8%. The bonds pay interest semiannually. The amount of each semiannual interest payment is: Multiple Choice $22,500. O O $10.000 O $0. O $11.250 $20,000 O
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