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on jan 1 2010 washington park district issue $20million of 5 year ,6% debentures. interest is paid semianually .the market interest rate at issuance was
on jan 1 2010 washington park district issue $20million of 5 year ,6% debentures. interest is paid semianually .the market interest rate at issuance was 10%
a) compute the proceeds from issuing the debentures
b) using the balance sheet equation format prepare an analysis of this bond transection concerning a) issuance b) first semiannual interest payment and c) payment of maturity value
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