On december 1 2012 a company issued 5000000 of 4 10-year


On December 1, 2012, a company issued $5,000,000 of 4%, 10-year bonds. The market interest rate on December 1st was 4.25%. How much will the company receive from the bond issue?

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Financial Accounting: On december 1 2012 a company issued 5000000 of 4 10-year
Reference No:- TGS01057999

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