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Exit ubmit Adonis Corporation issued 10-year, 7% bonds with a par value of $160000. Interest is paid semiannually. The market rate on the issue date
Exit ubmit Adonis Corporation issued 10-year, 7% bonds with a par value of $160000. Interest is paid semiannually. The market rate on the issue date was 6%, Adonis received $171,906 in cash proceeds. Which of the tolewing statements is true? Multiple Choice Adonis must pay $160,000 at maturity and no interest payments. Adonis must pay $160,000 at maturity plus 20 interest payments of $5.600 each. Adonis must pay $160,000 at maturity plus 20 interest payments of $4,800 each. Adonis must pay $171,906 at maturity plus 20 interest payments of $5,600 each. Adonis must pay $171,906 at maturity and no interest payments
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