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please help they got this one wrong this is all the information given Present Value of tonds Payable: Discount Pinder Co. produces and sells high-quality
please help they got this one wrong
this is all the information given
Present Value of tonds Payable: Discount Pinder Co. produces and sells high-quality video equipment. To finance its operations, Pinder Co. Issued $25,000,000 of five-year, 7% bonds, with interest payable semiannually, at a market (effective) Interest rate of 9% Determine the present value of the bonds payable, using the present value tables in Exhibit B and Exhibit 10. Round to the nearest dollar 23,021,820 X Step by Step Solution
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