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QUESTION 23 Canon sells $3,107,251 of bonds to its investors. The bonds are due in 7 years, have a 7% coupon rate, and interest is

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QUESTION 23 Canon sells $3,107,251 of bonds to its investors. The bonds are due in 7 years, have a 7% coupon rate, and interest is paid semiannually. The bonds were sold to yield 4%. What periodic interest payment does Canon make to its investors? (Round your answer to zero decimal places and omit the "S" sign. For example, if your answer is $1,000.2, type in "1000") QUESTION 24 A firm should write off uncollectible accounts as soon as the firm estimates them, because this is the way the firm can resolve all the uncertainty True False

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