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Business, 14.01.2021 16:30 mrstealyogirl40

On April 1, Magenta Company sells $500,000 face amount, 10% bonds. The bonds pay interest semi-annually on June 30 and December 31. The effective rate for this company is 9%. When the bonds are issued, how much interest will be included in the issue price

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On April 1, Magenta Company sells $500,000 face amount, 10% bonds. The bonds pay interest semi-annua...
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