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Morgan Company issues 9%, 20-year bonds with a par value of $810,000 that pay interest semiannually. The current market rate is 8%. The amount paid
Morgan Company issues 9%, 20-year bonds with a par value of $810,000 that pay interest semiannually. The current market rate is 8%. The amount paid to the bondholders for each semiannual interest payment is: $64,800. O No answer text provided. O $36.450. O $72.900. O $405,000. $32.400
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