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On January 2, 2017, Lawn Master Construction, Inc. issued $500,000, ten-year bonds for $574.540. The bonds pay interest on June 30 and December 31. The
On January 2, 2017, Lawn Master Construction, Inc. issued $500,000, ten-year bonds for $574.540. The bonds pay interest on June 30 and December 31. The face rate is 8%, and the market rate is 6%. What is the carrying value of the bonds at the end of ten years before the final maturity payment is made O b. $525.000 $500.000 a $574 540 $25,460
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