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Baker Company issued $80,000 of S-year, zero-coupon debenture hands on January 1 when the market yield was per year. The bond agreement stated that compounding

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Baker Company issued $80,000 of S-year, zero-coupon debenture hands on January 1 when the market yield was per year. The bond agreement stated that compounding was semiannual. If each $1.000 bond was sold at 1-86167, what were the proceeds from the offering $50,000 568.933 571.333 571,001

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