A company issues at par 9 bonds with a par value of $100,000 on April 1 The bonds pay interest semi annually on January 1 and July 1 The cash received on July 1 by the bond holder(s) is 1 a $1,500 2 b $3,000 3 c $4,500 4 d $6,000 5 e $7,500

Question

A company issues at par 9  bonds with a par value of $100,000 on April 1  The bonds pay interest semi annually on January 1 and July 1  The cash received on July 1 by the bond holder(s) is  1  a  $1,500  2  b  $3,000  3  c  $4,500  4  d  $6,000  5  e  $7,500

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Question

A company issues at par 9% bonds with a par value of $100,000 on April 1. The bonds pay interest semi-annually on January 1 and

A company issues at par 9% bonds with a par value of $100,000 on April 1. The bonds pay interest semi-annually on January 1 and July 1. The cash received on July 1 by the bond holder(s) is: 1. a. $1,500. 2. b. $3,000. 3. c. $4,500. 4. d. $6,000. 5. e. $7,500

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