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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? O a. $993,000 O b. $30,000 O c. $300,000 O d. $0
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