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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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Accounting Accounting Made Simple For Beginners
Authors: Robert Briggs
1st Edition
1761032739, 978-1761032738
