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ssume that on March 1, 2016. Corp. isse percent, 10 year bonds payable with a maturity value of $600,000. The bonds pay interest on February

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ssume that on March 1, 2016. Corp. isse percent, 10 year bonds payable with a maturity value of $600,000. The bonds pay interest on February 28 and August 31, and Emer e straight-line method. Easter's fiscal year and is December 31. y premium or discount using Requirement 1. If the market interest rate is 3.5 percent when Easter Corpus bonds will the bonds be price f r om a discount? Explain The 5 percent bonds issued when the matt e r 3.5 percent will the price a premium They are active in this man se investors will pay more than matury value to acquire them Requirement 2. the market interest rates 7 percent when Easter Corp. is its bonds with bonds bed s t e mor discount Explain The 5 percent bonds issued when the m a instre percent will be prodat discount They are rattractive in this markets investors will pay less a maturity value to acquire them undy n Requirement 3. Assume that the i ce of the hands 60.000 Jomarch of the hands pabains D the newest whole Record Street E ) I ance of the bonds on March 1, 2016 Credit Mart 2018 Premium on bona pa

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