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A mortgage bond with face value of $10,000 has a bond interest rate of 8% per year payable quarterly. What is the amount of
A mortgage bond with face value of $10,000 has a bond interest rate of 8% per year payable quarterly. What is the amount of the bond interest (I) or interest payment every quarter?
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Accounting Information Systems
Authors: George H. Bodnar, William S. Hopwood
11th Edition
0132871939, 978-0132871938
