Business
Business, 27.05.2021 01:00, laura52677

A company issues 12%, 5 year bonds with a par value of $1,230,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%. What is the bond's issue (selling) price, assuming the following Present Value factors: n

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A company issues 12%, 5 year bonds with a par value of $1,230,000 and semiannual interest payments....

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