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Calculate the bond issue price for the following scenarios and state whether it would be issued at a discount, a premium or at face value.
- Calculate the bond issue price for the following scenarios and state whether it would be issued at a discount, a premium or at face value. (The interest rates showing are the stated interest rates.) (2pts each):
a. $300,000 8% bond issued at 100
b. $900,000 4% bond issued at 105
c. $600,000 5% bond issued at 93
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Water Audits And Loss Control Programs
Authors: American Water Works Association
4th Edition
1625761007, 978-1625761002
