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Accounting
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Claire Corporation is planning to issue bonds with a face value of $ and a coupon rate of percent. The bonds mature in two years and pay interest quarterly every March June September and December All of the bonds were sold on January of this year. Claire uses the effectiveinterest amortization method and also uses a discount account. Assume an annual market rate of interest of percent.FV of $ PV of $ FVA of $ and PVA of $
Note: Use appropriate factors from the tables provided.
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