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On January 1, 2021, Fast Corporation issues $200,000 of 9%, 10-year bonds, with interest payable semiannually on June 30 and December 31 each year. The
On January 1, 2021, Fast Corporation issues $200,000 of 9%, 10-year bonds, with interest payable semiannually on June 30 and December 31 each year. The market interest rate is 10%. The issue price of the bonds is $187,538. What will be the carrying value of these bonds at December 31, 2030, the maturity date of the bonds? Multiple Choice $187,934 $188,311 $200,000 >>>
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