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what is the PMT and FV on this question Shamrock Ltd, issued $600,000 of 15 -year, 8.50% bonds on January 1,2022 , when the market
what is the PMT and FV on this question
Shamrock Ltd, issued $600,000 of 15 -year, 8.50% bonds on January 1,2022 , when the market interest rate was 7.50%. The cash received at the issuance of the bond was $653,487.74. Interest is payable semi-annually on July 1 and January 1. Shamrock has a December 31 year end Step by Step Solution
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