Business
Business, 22.11.2019 23:31, swallowcaroline11

Adidas issued 10-year, 8% bonds with a par value of $200,000. interest is paid semiannually. the market rate on the issue date was 7.5%. adidas received $206,948 in cash proceeds. which of the following statements is true? a. adidas must pay $200,000 at maturity plus 20 interest payments of $8,000 each. b. adidas must pay $206,948 at maturity plus 20 interest payments of $8,000 each. c. adidas must pay $200,000 at maturity plus 20 interest payments of $7,500 each. d. adidas must pay $200,000 at maturity and no interest payments. e. adidas must pay $206,948 at maturity and no interest payments.

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Adidas issued 10-year, 8% bonds with a par value of $200,000. interest is paid semiannually. the mar...

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