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The issue price of each $1,000 bond that pays interest at 5% and has a bond price of 92.10 equals: A) $1,050. B) $1,000. C)
The issue price of each $1,000 bond that pays interest at 5% and has a bond price of 92.10 equals:
A) $1,050.
B) $1,000.
C) $950.
D) $921.
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Accounting A Smart Approach
Authors: Mary Carey, Cathy Knowles, Jane Towers-Clark
3rd Edition
0198745133, 978-0198745136
