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Omnidebt Corp. issued $50,000,000 of 6%, 15-year bonds onNovember 1, 2000. The bonds are callable at 99 at any time. At thetime of issuance, the
Omnidebt Corp. issued $50,000,000 of 6%, 15-year bonds onNovember 1, 2000. The bonds are callable at 99 at any time. At thetime of issuance, the market rate for similar bonds was 7%.Interest is pai 2 answers
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