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The Rotand Company issues 7%. $520,000, six-year bonds at 98. Interest is paid annually. The bond discount has been calculated to be $10.400. Which of

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The Rotand Company issues 7%. $520,000, six-year bonds at 98. Interest is paid annually. The bond discount has been calculated to be $10.400. Which of the following would be the total cost of borrowing for the Rotand Company? O $200.000 O $509,600 O $228.800 O $468,000

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