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Business, 13.06.2020 04:57 naocarolina6
Dempsey Railroad Co. is about to issue $400,000 of 10-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities is 10%. How much can Dempsey expect to receive for the sale of these bonds
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Dempsey Railroad Co. is about to issue $400,000 of 10-year bonds paying an 11% interest rate, with i...
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