Business, 10.11.2019 06:31 tansebas1107

Reed corp. sells $500,000 of bonds to private investors. the bonds are due in five years, have an 6% coupon rate, and interest is paid semiannually. the bonds were sold to yield 4%. what proceeds does reed receive from the investors? select one: a. $544,913 b. $474,345 c. $526,948 d. $499,999 e. none of the above

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Reed corp. sells $500,000 of bonds to private investors. the bonds are due in five years, have an 6%...

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