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Business, 07.07.2021 01:40, markmoroney22
On January 1, 2020, Ellison Co. issued eight-year bonds with a face value of $5,000,000 and a stated interest rate of 8%, payable semiannually on June 30 and December 31. The bonds were sold to yield 6%. The issue price of the bonds is closest to:
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On January 1, 2020, Ellison Co. issued eight-year bonds with a face value of $5,000,000 and a stated...
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