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Business, 01.12.2021 02:50 kumoichie

On January 1, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest semiannually on June 30 and December 31. The bonds are sold at par. 1. How much interest will the issuer pay (in cash) to the bondholders every six months

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On January 1, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years,...
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