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Jordan Company issued a $700,000 10-year bond, with a contract interest rate of 9%.Interest is paid annually.If the market rate is 8%, what is the
Jordan Company issued a $700,000 10-year bond, with a contract interest rate of 9%.Interest is paid annually.If the market rate is 8%, what is the present value of the bond?
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Managerial Accounting For Dummies
Authors: Mark P Holtzman, Karen Schoenebeck
1st Edition
1118116429, 978-1118116425
