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On January 1, 2019. Company C. issued five-year bonds with a face value of $500,000 and a coupon interest rate of 6%, with in

Market Rate 5% (Received $521,881 for the bond) Students response to Q3 (only answers provided in box below will be marked)

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Answer #1

Issue Price of Bond less : Face Value of Bonds Premium on Bond $ $ $ 5,21,881 5,00,000 21,881 Solution 1) Interest Bond Inter

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