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Carson Company issues $500,000 of 12% bonds that pay interest semi annually and mature in 10 years. Compute the bonds' issue price assuming that the

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Carson Company issues $500,000 of 12% bonds that pay interest semi annually and mature in 10 years. Compute the bonds' issue price assuming that the bonds' market interest rate is: 10% per year compounded semi annually. Then indicate if it is premium issue or discount issue

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