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Business, 25.12.2020 21:10 courtneymetzinp7pitt

On January 1, 2010, Water Wonderland issues $20 million of 8% bonds, due in ten years, with interest payable semi-annually on June 30 and December 31 each year. 1. If the market rate is 7%, will the bonds issue at face amount, a discount, or a premium

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On January 1, 2010, Water Wonderland issues $20 million of 8% bonds, due in ten years, with interest...
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