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Use the following abbreviated tables to answer the next(2) questions: A firm is issuing #300,000 face value, 6-year, 10% bonds payable at an effective interest
Use the following abbreviated tables to answer the next(2) questions: A firm is issuing #300,000 face value, 6-year, 10% bonds payable at an effective interest rate of 12%. Interest is payable semi-annually. The selling price of the bonds should be: $274, 860 $282, 045 $299, 250 $275, 430
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