Scottie adams bird supplies issued 10% bonds, dated january 1, with a face amount of $240,000 on january 1, 2018. the bonds mature in 2028 (10 years). for bonds of similar risk and maturity the market yield is 12%. interest is paid semiannually on june 30 and december 31. what is the price of the bonds at january 1, 2018? some relevant and irrelevant present value factors:
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Scottie adams bird supplies issued 10% bonds, dated january 1, with a face amount of $240,000 on jan...
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