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I have the answers just not sure how to figure it out xample 5: NOTE-A bond cannot have both a Discount and a Premium at
I have the answers just not sure how to figure it out
xample 5: NOTE-A bond cannot have both a Discount and a Premium at the same time! Bond Info $100,000 of 10%,5 year |g300 | bond issued for $93,000. $50,000 of 15%, 3 year bond issued for $55,000 $75,000 of 5%, 7 year bond I- issued for $75,000. $10,000,000 of 6% , 20 year 400000 | bond issued for 98. 5,000,000 of 6%, 20 year bond issued at par $10,000 of 4%,15 year | bond issued for 100. Sales Proceeds Amount of Discount Amount of Premium S,000 23 | OUCO 40, $10,000,000 of 12%, 30 year bond issued for 104Step by Step Solution
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