Chemistry, 10.12.2019 02:31 marly032205
Ellis issues 6.5%, five-year bonds dated january 1, 2018, with a $250,000 par value. the bonds pay interest on june 30 and december 31 and are issued at a price of $255,333. the annual market rate is 6% on the issue date. calculate the total bond interest expense over the bond's life.
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Ellis issues 6.5%, five-year bonds dated january 1, 2018, with a $250,000 par value. the bonds pay i...
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