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three questions 1 If you had a bond that you bought at 100% and it paid you back $5,000 in three years what is the
three questions
1 If you had a bond that you bought at 100% and it paid you back $5,000 in three years what is the par value (or face value) of that bond? 2 If a company issues $500,000 in bonds that sold at 103% and have a stated interest rate of 10% what is the entry to record the sale of the bonds? What is a convertible bond Step by Step Solution
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