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Issue Price of a Bond Conner Enterprises issued $900,000 of 10%, five-year bonds with interest payable semiannually. Determine the issue price if the bonds are
Issue Price of a Bond
Conner Enterprises issued $900,000 of 10%, five-year bonds with interest payable semiannually. Determine the issue price if the bonds are priced to yield: a) 10% $Answer
b) 8% $Answer
c) 12% $Answer
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