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Adonis Corporation issued 10-year, 7% bonds with a par value of $160,000. Interest is paid semiannually. The market rate on the issue date was 6%.

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Adonis Corporation issued 10-year, 7% bonds with a par value of $160,000. Interest is paid semiannually. The market rate on the issue date was 6%. Adonis received $171.906 in cash proceeds Which of the following statements is true? Multiple Choice Adonis must pay $160.000 ot maturity plus 20 interest payments of $5.600 each Adonis must pay 5171,906 at maturity and no interest payments. Adonis must pay $171.906 at maturity plus 20 interest payments of $5,600 each rs 9-12 (40 poin A company issues 9% bonds with a par value of $120,000 at par on January 1. The market rate on the date of issuance was 8% The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is. Multiple Choice $10.800 59.600 O $5,400

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