A company issues 10%, 6-year bonds with a par value of $230,000 on January 1 at...

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A company issues 10%, 6-year bonds with a par value of $230,000 on January 1 at a price of $240.486, when the market rate of

Answer 1

Answer #1

Answer: Option-(d): $11,500 Reason: Amount of each semiannual interest payment = Par value of the bonds issued x Annual coupo

Answer 2

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