Brook company issued a 10000 5-year 11 bond that was sold


Brook Company issued a $10,000, 5-year, 11% bond that was sold when the market interest rates were 12%. The bond pays interest semiannually. What is the present value? 

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Financial Accounting: Brook company issued a 10000 5-year 11 bond that was sold
Reference No:- TGS01251533

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