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Alexi Co. issued $75 million face amount of 6%, 10-year bonds onJune 1, 2022. The bonds pay interest on an annual basis on May 31each

Alexi Co. issued $75 million face amount of 6%, 10-year bonds onJune 1, 2022. The bonds pay interest on an annual basis on May 31each year.Required: a. Assume that the market interest rates were sl 2 answers

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