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Plato Airline Company recently issued a 10-year 8% coupon bond with a face value of $1,000 for $877.11. The amount of interest expense in
Plato Airline Company recently issued a 10-year 8% coupon bond with a face value of $1,000 for $877.11. The amount of interest expense in year 1 is closest to: a) $70.17 b) $80.00 c) $87.71
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