Akers Company sold bonds on July 1,20X1, with a face value of $100,000. These bonds...
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Akers Company sold bonds on July X with a face value of $ These bonds are due in years. The stated annual interest rate is per year, payable semiannually on June and December These bonds were sold to yield By July X the market yield on these bonds had risen to Use the following links to the present value tables to calculate answers. PV of PVAD of and PVOA of Use the appropriate factors from the tables provided. Round your final answers to the nearest whole dollar amount. Do not round intermediate calculations.
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What was the bonds' market price on July X
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