Alabama alarm co issued 4000000 of 7 year 12 bonds with
Alabama Alarm Co. issued $4,000,000 of 7 year, 12% bonds with interest payable semiannually at an effective interest rate of 10%. Use the tables in Appendix A to determine the present value of the bonds payable. Round to the nearest dollar.
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alabama alarm co issued 4000000 of 7 year 12 bonds with interest payable semiannually at an effective interest rate of
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