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On January 1, 2015, Brightstar Inc. issued $1,000,000 of 8%, semiannual 3-year coupon bonds. 2) The market interest rate on January 1, 2015 was 8%.
On January 1, 2015, Brightstar Inc. issued $1,000,000 of 8%, semiannual 3-year coupon bonds.
2) The market interest rate on January 1, 2015 was 8%. Was the bond issued at par, a premium, or a discount?
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Cost And Management Accounting An Introduction
Authors: Colin Drury
5th Edition
1861529058, 978-1861529053
