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Business, 29.08.2020 01:01 badpotterchris

Mufala, Inc., will issue $10,000,000 of 6% 10-year bonds. The market rate for bonds with similar risk and maturity is 8%. Interest will be paid by Mufala semiannually. What is the issue price of the bonds

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Mufala, Inc., will issue $10,000,000 of 6% 10-year bonds. The market rate for bonds with similar ris...
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