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The Horse Corporation sold 8% bonds that mature in 5 years and yield 10%. The interest is paid semi-annually on June 30 and December 31.
The Horse Corporation sold 8% bonds that mature in 5 years and yield 10%. The interest is paid semi-annually on June 30 and December 31. Allowing for some rounding, the bonds were sold for: Select one: O a. $1,080 O b. 51,081 O c $924 O d. $923
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