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QUESTION 3 Honeywell Corp. sells $480,000 of bonds to its investors. The bonds are due in 6 years, have an 8% coupon rate and interest
QUESTION 3 Honeywell Corp. sells $480,000 of bonds to its investors. The bonds are due in 6 years, have an 8% coupon rate and interest is paid semiannually. Honeywell received $570,000 for the bonds at issuance. The effective rate on these bonds is: 2 20% 4.40% 6.20% 8.00% QUESTION 4 Eversource purchased a new machine for $82, 465. This machine is expected to operate for 10 years, after which it will be sold for $8,129. How much is the second year's depreciation expense if the company uses the double-declining balance method? (Round your answer to zero decimal places and omit the "S" sign. For example, if your answer is $1,000.2. type in "1000")
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