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Requirements Answer the following questions: a. At what type of bond price will Hopkins Company have total interest expense equal to the cash b. 1.

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Requirements Answer the following questions: a. At what type of bond price will Hopkins Company have total interest expense equal to the cash b. 1. interest payments? Under which type of bond price will Hopkins Company's total interest expense be greater than the cash interest payments? If the market interest rate is 14%, what type of bond price can Hopkins Company expect for the bonds? 2. Compute the price of the bonds if the bonds are issued at 87 an 3. How much will Hopkins Company pay in interest each year? How much will Hopkins Company's ine interest expense be for the first year? (Assume the straight-line method is used) ns Print Done ns Compan exp

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