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a corporation issues for cash $9,000,000 of 8%, 25 year bonds, interest payable semiannually. the amount received for the bonds will be for cash $9,000,

a corporation issues for cash $9,000,000 of 8%, 25 year bonds, interest payable semiannually. the amount received for the bonds will be
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for cash $9,000, o of 8%, 25-year bonds, interest payable sem annually. The amount received for the bonds will b Acorporation O a. present value of 25 ion issues fo 0 a present value of 25 annual interest payments of $5720,000, plus present value of $9,000,000 to be repaid in 25 years. O tb present vle of 0 semianua nterest payments of $360,000, plus present value of $9,000,000 to be repaid in 25 years. c. present value of 25 annual interest payments of S720.000. 0 prent alue of $800 to be rpaid in 25 years less present value of 50 semiannual interest payments of $360,000. 14012

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