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Sam's Company issued a $10,000,000, 20-year 8% bond with semi-annual interest payments. Calculate: 1. The semi-annual interest payments. 2. The issue price if the market
Sam's Company issued a $10,000,000, 20-year 8% bond with semi-annual interest payments. Calculate: 1. The semi-annual interest payments. 2. The issue price if the market rate when it was issued was 7.25% 3. The issue price if the market rate when it was issued was 8%
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