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A corporation issues $8 000 000-par value , 8 percent semi-annual coupon bonds maturing in 20...

A corporation issues $8 000 000-par value , 8 percent semi-annual coupon bonds maturing in 20 years. The market initially prices these bonds to yeild 6 percent compounded semi-annually.

1.) compute the issues of these bonds
2.) compute interest expense for the first six-month period
3.) compute intrest for the second six-month period

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ekkarill92 answered 2 years ago
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