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trophy corporation is isssuing 400,000 of 8% 4 year bonds when potential bond investors want a return of 10%. interest is payable smiannually. calculate the

trophy corporation is isssuing 400,000 of 8% 4 year bonds when potential bond investors want a return of 10%. interest is payable smiannually.

calculate the present value of the principal.

calculate the present value of interest payments.

what is the selling price of the bond?

did the bond sell at face value, discount, or premium?

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