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Business, 06.11.2020 17:20 deandrehudson18

A company issues 7% bonds with a par value of $70,000 at par on January 1. The market rate on the date of issuance was 6%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is

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A company issues 7% bonds with a par value of $70,000 at par on January 1. The market rate on the da...
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