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Chello Inc issued $200,000, 6%, 10-year bonds, with interest payable semi-annually. Which statement best describes Chello' responsibility to the bondholders? a Chello Inc must pay
Chello Inc issued $200,000, 6%, 10-year bonds, with interest payable semi-annually. Which statement best describes Chello' responsibility to the bondholders?
a
Chello Inc must pay $207,714 at maturity plus 20 interest payments of $6,000 each.
b
Chello Inc must pay $206,948 at maturity.
c
Chello Inc must pay $200,000 at maturity plus 20 interest payments of $6,000 each.
d
Chello Inc must pay $200,000 at maturity only
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