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On October 1, 2020, Eastern Timber Inc has available for issue $840.000 bonds due in four years. Interest at the rate of 43 is to
On October 1, 2020, Eastern Timber Inc has available for issue $840.000 bonds due in four years. Interest at the rate of 43 is to be paid quarterly. Calculate the issue price of the market interest rate is (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Issue Price Market Interest Rate a. 5% b4% C3% cos
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