Massers Company is issuing long-term bonds to raise money for a planned acquisition. The face...
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Massers Company is issuing longterm bonds to raise money for a planned acquisition. The face value of the bonds is $ The stated interest rate is payable semiannually for the year term. The current market rate for similar bonds is What amount of proceeds will Massers receive from this bond issue? If needed, you can access the interest tables here.
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