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For 2 - 3 use the following: The company issues 1 0 % , 1 0 - year bonds with a total face amount of
For use the following:
The company issues year bonds with a total face amount of $ with
interest paid semiannually. The market rate of interest is
What is the issue price of the bond? $
What is the interest expense for the first interest payment?
For use the following
Balance Sheet partial at
Assume that the company resold shares of Its treasury stock for $ per share.
How much would additional paid in capital change? $
How much would Stockholders' Equity change?
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