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Cox Co. issued $100,000 of ten-year, 10% bonds that pay interestsemiannually. The bonds are sold to yield 8%.1. One step in calculating the issue price

Cox Co. issued $100,000 of ten-year, 10% bonds that pay interestsemiannually. The bonds are sold to yield 8%.1. One step in calculating the issue price of the bonds is tomultiply the principal by t 1 answer

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