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Cox Company issues bonds with a par value of $ 8 0 0 , 0 0 0 on their issue date for $ 8 3
Cox Company issues bonds with a par value of $ on their issue date for $ The bonds mature in years and pay annual interest in semiannual payments. On the issue date, the market rate of interest annual is Compute the total interest expense for Cox Company over the life of the bonds.
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