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  3. 1. a company is issuing $500,000, 8%, 20-year bond

1. A company is issuing $500,000, 8%, 20-year bonds. If the market rate of interest...

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Accounting

1. A company is issuing $500,000, 8%, 20-year bonds. If the market rate of interest (yield) is also 8%, then the bonds will sell for

2. A bond with a face amount of $400,000 was sold at 105. How much cash will be received when the bonds are sold?

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