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Sandhill Company issued $500,000 of 5-year, 9% bonds at 98 onJanuary 1, 2022. The bonds pay interest annually. (a1) (a2) (b1)(b2) Compute the total cost

Sandhill Company issued $500,000 of 5-year, 9% bonds at 98 onJanuary 1, 2022. The bonds pay interest annually. (a1) (a2) (b1)(b2) Compute the total cost of borrowing for these bonds, assumingthe bo 2 answers

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