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Supplemental Questions - REQUIRED 1. What will be the balance in the Mortgage Payable Account at Jan. 31, 2017 after the second monthly payment is
Supplemental Questions - REQUIRED 1. What will be the balance in the Mortgage Payable Account at Jan. 31, 2017 after the second monthly payment is made? 2. The Company is about to issue $2,000,000 of 5-year, 12% bonds. Interest will be paid semi- annually. The market interest rate for such securities is 10%. How much can The Company expect to receive from the sale (issuance) of these bonds? (ROUND YOUR ANSWER ON D2L TO A WHOLE NUMBER!!)
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