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Showing posts with label effective interest rate. Show all posts
Showing posts with label effective interest rate. Show all posts
Thursday, 24 May 2012

On January 1, a company issued 6%, 10year bonds with a face amount of $94 million for $81,225,391 to yield 8%. Interest is paid semiannually.

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On January 1, a company issued 6%, 10year bonds with a face amount of $94 million for $81,225,391 to yield 8%. Interest is paid sem...
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