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January 1, A business issues 8% 5 year, $300,000 bonds that pay interest semi annually on June 30th and Dec 31 st. On the issue
January 1, A business issues 8% 5 year, $300,000 bonds that pay interest semi annually on June 30th and Dec 31 st. On the issue date l, The annual interest rate for the bonds is 10%. What are the pric...
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