Determine how much cash ghi company should realize
GHI Company will issue $2,000,000 in 8%, 10-year bonds when the market rate of interest is 6%. Interest is paid semiannually.
Determine how much cash GHI company should realize from the bond issue.
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GHI Company will issue $2,000,000 in 8%, 10-year bonds when the market rate of interest is 6%. Interest is paid semiannually.Determine how much cash GHI company should realize from the bond issue.
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