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Assume that Northern Petroleum Inc. issued the following bond on January 1 : Face amount: $ 2 0 0 , 0 0 0 Contract interest
Assume that Northern Petroleum Inc. issued the following bond on January : Face amount: $ Contract interest rate: Effective interest rate: Interest is paid semiannually on January and July Term of bond: years Based on this information, what is the present value of the periodic interest to be paid on the bonds? Refer the present value tables in Exhibit and Exhibit a $ b $ c $ d $
Assume that Northern Petroleum Inc. issued the following bond on January :
Face amount: $
Contract interest rate:
Effective interest rate:
Interest is paid semiannually on January and July
Term of bond: years
Based on this information, what is the present value of the periodic interest to be paid on the bonds?
Refer the present value tables in Exhibit and Exhibit
a $
b $
c $
d $
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