Business, 21.11.2019 07:31, adeline12401

The state sells 20-year 6% bonds having a face value of $10 million. the bonds are sold at a discount, so the state realizes a total of $9,900,000. equal installments of principal will be paid every six months, together with interest on the unpaid balance.

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The state sells 20-year 6% bonds having a face value of $10 million. the bonds are sold at a discoun...