A company issued 6 15-year bonds with a face amount of 75


1. A company issued 6%, 15-year bonds with a face amount of $75 million. The market yield for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price did the bonds sell?

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Accounting Basics: A company issued 6 15-year bonds with a face amount of 75
Reference No:- TGS01353336

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