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American Manufacturing issued on January 1, 2011, $140,000 of 3%, 12 year bonds to raise funds to buy some special equipment. The bonds were sold
American Manufacturing issued on January 1, 2011, $140,000 of 3%, 12 year bonds to raise funds to buy some special equipment. The bonds were sold to yield 4% return compounded semi-annually. The company uses the straight line method to amortize discounts and premiums. What is the PV factor of the bond interest payments (annuity]? O 0.7013799 9.954004 1.608437 18.913926 American Manufacturing issued on January 1, 2011, $140,000 of 3%, 12 year bonds to raise funds to buy some special equipment. The bonds were sold to yield 4% return compounded semi-annually. The company uses the straight line method to amortize discounts and premiums. What is the PV factor for the principle [lump sum]? 0 0.621721 O 926 O 0.788493 O 0.491934
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