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On January 1, 2022. Blossom Corporation issued $1.550.000 face value, 4%, 10-year bonds at $1.430.313. This price resulted in an effective interest rate of
On January 1, 2022. Blossom Corporation issued $1.550.000 face value, 4%, 10-year bonds at $1.430.313. This price resulted in an effective interest rate of 5% on the bonds. Lock uses the effective interest method to amortize bond premium or discount. The bonds pay annual interest on January 1
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Project Finance in Theory and Practice
Authors: Stefano Gatti
2nd edition
978-9382291589, 123919460, 978-0124157538, 978-0123919465
