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Please include work. Sunland Company is about to issue $309, 200 of 10-year bonds paying an 11% interest rate, with interest payable semiannually. The discount
Please include work.
Sunland Company is about to issue $309, 200 of 10-year bonds paying an 11% interest rate, with interest payable semiannually. The discount rate for such securities is 12%. How much can Sunland expect to receive for the sale of these bonds
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