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Supreme Depths pl, an oil exploration company, issued a 10 year 0% Bond valued at $3 million with a premium at the conclusion of the

Supreme Depths pl, an oil exploration company, issued a 10 year 0% Bond valued at $3 million with a premium at the conclusion of the bond of $993,000. The effective rate is 10%. What are the annual payments for the year one to year nine? a. $993,000 b. $30,000 c. $300,000 d. $0

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