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Carla Vista Co. is about to issue $311,700 of 7-year bonds paying an 12% interest rate, with interest payable semiannually. The discount rate for such
Carla Vista Co. is about to issue $311,700 of 7-year bonds paying an 12% interest rate, with interest payable semiannually. The discount rate for such securities is 8%.
Carla Vista can expect to receive | $________ |
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