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Use the following information to answer all accounting questions BONUS: How many number of bonds should be a company issue if the amount of the

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Use the following information to answer all accounting questions BONUS: How many number of bonds should be a company issue if the amount of the capital needed is $2 million ? The bond has term to maturity of 20 years, 5% annual coupon rate with semi-annual pay, and YTM of 4%. (Hint: Number of bond required = Total capital required / price of each bond) 1710 1800 1840 1760 1690

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