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Adonis Corporation issued 10-year, 7% bonds with a par value of $100,000. Interest is paid semiannually. The market rate on the issue date was 6%.

Adonis Corporation issued 10-year, 7% bonds with a par value of $100,000. Interest is paid semiannually. The market rate on the issue date was 6%. Adonis received $107,441 in cash proceeds. Which of the following statements is true? Multiple Choice Adonis must pay $107,441 at maturity and no interest payments. Adonis must pay $100,000 at maturity plus 20 interest payments of $3,500 each. Adonis must pay $100,000 at maturity and no interest payments. Adonis must pay $107,441 at maturity plus 20 interest payments of $3,500 each. Adonis must pay $100,000 at maturity plus 20 interest payments of $3,000 each

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