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EnviroCompany issues 8% 10 year bonds a par value of $250,000 andsemiannual interest payments. On the issue date, the snnual matketrate for these bonds is

EnviroCompany issues 8% 10 year bonds a par value of $250,000 andsemiannual interest payments. On the issue date, the snnual matketrate for these bonds is 10% which implies a selling price of 87.50 2 answers

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