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Brin Company issues bonds with a par value of $530,000. Thebonds mature in 5 years and pay 10% annual interest in semiannualpayments. The annual market
Brin Company issues bonds with a par value of $530,000. Thebonds mature in 5 years and pay 10% annual interest in semiannualpayments. The annual market rate for the bonds is 12%. (Table B.1,Table B 2 answers
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