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Thomas Company wishes to issue $2,000,000 of 8%, 10-year bonds that pay interest semi-annually. The current discount rate is 6%. What is the total value
Thomas Company wishes to issue $2,000,000 of 8%, 10-year bonds that pay interest semi-annually.
The current discount rate is 6%. What is the total value of bonds to be received now?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: Clyde P. Stickney, Paul Brown, James M. Wahlen
6th Edition
0324302959, 9780324302950
