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Morgan Company issues 9%, 20 year bonds with a par value of $650,000 that pay interest semiannually. The amount paid to the bondholders for each

Morgan Company issues 9%, 20 year bonds with a par value of $650,000 that pay interest semiannually. The amount paid to the bondholders for each semiannual interest payment is Multiple Choice $29,250 $26,000 $325,00

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