Corporation sells 1000 bonds at par value of 1000 face, Financial Accounting

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Corporation sells 1000 bonds at par value of 1000 face

Corporation sells 1000 bonds at par value of $1000. face interest rate of each bond is 5% with interest paid twice a year. the bobds are 10 year bonds. market interest rate is 4%annually. what is total amount interest paid to bondholders over life of bonds & what is present value of the interest payments as well?

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Financial Accounting: Corporation sells 1000 bonds at par value of 1000 face

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Financial Accounting: Corporation sells 1000 bonds at par value of 1000 face

Reference No:- TGS01698858

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