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Bonds are issued for $110,000. Semiannual interest is 10% Bond term is 10 years. Market rate-11%. Which of the following statements about bonds is true
Bonds are issued for $110,000. Semiannual interest is 10% Bond term is 10 years. Market rate-11%. Which of the following statements about bonds is true (select ALL true statements-incorrect choices are penalized." "Bond holders are paid $5,500 every 6 months "Bond holders are paid $5.929 every 6 months" "If the price is 98% the bond sells for $107,800" "Bond holders are paid $11.858 every 6 months" "If the price is 102 % % the bond sells for $112,200" "Bond holders are paid $11,000 every 6 months
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