on 1st january abc company issued 1000000 5 year
On 1st January, ABC Company issued $1,000,000, 5 year, 12 percent bonds for $1,037,690. If the bonds pay interest on June 30 and 31st December and if the effective rate of interest is 11 percent, evaluate what the interest paid on June 30 was.
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on 1st january abc company issued 1000000 5 year 12 percent bonds for 1037690 if the bonds pay interest on june 30 and 31st december and if the
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