nstructions: Determine the selling price of the bond by calculating its present value. Determine if...
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nstructions: Determine the selling price of the bond by calculating its present value. Determine if the bond is selling for a discount or a premium. Finally, fill out the first THREE rows of the table below, including the first June 30 and December 31 payments of interest (No need to fill out the rest of the table). Background: On January 1, 2021 Becca's Dog Walking Business deeides to issue a three-year $50,000 bond with a stated rate of 8. The bond interest schedule includes sembannual payments twice a year on June 30 and Decenber 31 each year. The effective market rate of interest on the date of issuance was 10K
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