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CP 9 - - submit in Canvas The company issues 8 . 0 % , 1 0 - year bonds with a total face amount
CPsubmit in Canvas
The company issues year bonds with a total face amount of $
with interest paid semiannually. The market rate of interest is
ROUND ANSWERS TO NEAREST DOLLAR
What is the issue price of the bond? $
What is the amount of the discount or premium? $
What is the interest expense for the first interest payment? $
What is the bond liability after the first interest payment? $
What is the interest expense for the second interest payment?
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