Mathematics
Mathematics, 13.04.2020 22:15, bloop3r

A company issues 7% bonds with a par value of $200,000 at par on January 1. The market rate on the date of issuance was 6%. 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 7% bonds with a par value of $200,000 at par on January 1. The market rate on the d...

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