Business, 27.09.2019 17:30 richard80

Adonis corporation issued 10-year, 8% bonds with a par value of $200,000. interest is paid semiannually. the market rate on the issue date was 7.5%. adonis received $206,948 in cash proceeds. which of the following statements is true?
a. adidas must pay $200,000 at maturity and no interest payments.
b. adidas must pay $206,948 at maturity and no interest payments.
c. adidas must pay $200,000 at maturity plus 20 interest payments of $8,000 each.
d. adidas must pay $206,948 at maturity plus 20 interest payments of $8,000 each.
e. adidas must pay $200,000 at maturity plus 20 interest payments of $7,500 each.

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Adonis corporation issued 10-year, 8% bonds with a par value of $200,000. interest is paid semiannua...

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