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Wildhorseissued an7%, 10-year $2,000,000bond to build a monorail mass transit system. Thecity received $1,743,294cash from the bond issuance on January 1, 2025. The bond yield

Wildhorseissued an7%, 10-year $2,000,000bond to build a monorail mass transit system. Thecity received $1,743,294cash from the bond issuance on January 1, 2025. The bond yield is9%.Interest i 2 answers

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