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I need a solution and answer for this one. Thank you. 23. Barnes Company issues $750,000, 9%, 20-year bonds. The current market rate is 8.5%.

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I need a solution and answer for this one. Thank you.

23. Barnes Company issues $750,000, 9%, 20-year bonds. The current market rate is 8.5%. The total amount of interest owed to the bondholders for each semi-annual interest payment is: AM

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