Leahy corp sells 300000 of bonds to private investors the


Question - Leahy Corp. sells $300,000 of bonds to private investors. The bonds are due in five years, have a 4% coupon rate and interest is paid semiannually. The bonds were sold to yield 6%. What proceeds does Leahy receive from the investors?

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Accounting Basics: Leahy corp sells 300000 of bonds to private investors the
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