Business, 02.07.2020 02:01, officialrogerfp3gf2s

A company issues 8% bonds with a par value of $190,000 at par on January 1. The market rate on the date of issuance was 7%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is:

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A company issues 8% bonds with a par value of $190,000 at par on January 1. The market rate on the d...