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Business, 20.01.2022 09:30 treyhunt5362

A company issues 8%, 20-year bonds with a par (face) value of $750,000. The current market rate of interest is 10%. The total amount of interest owed to the bondholders for each semi-annual interest payment is: Select one: a. $0. b. $30,000. c. $37,500. d. $60,000. e. $75,000.

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A company issues 8%, 20-year bonds with a par (face) value of $750,000. The current market rate of i...
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