Business, 31.03.2020 00:50 makennaskye8052

Park Corporation issued 10-year bonds with a face value of $10,000,000. The face rate of interest on the bonds was 8%, and Park agreed to make semiannual payments. The market rate of interest at the time the bonds were issued was 6%. How much cash did Park Corporation receive from the issuance of the bonds

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Park Corporation issued 10-year bonds with a face value of $10,000,000. The face rate of interest on...

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