Pinder co produces and sells high quality video equipment


Pinder co produces and sells high quality video equipment. to finance its operations pinder co issued $25,000,000 of five year, 7% bonds, with interest paybale semiannually at a market interest rate of 9%. Determine the present value of the bonds payable, round to the nearest dollar.

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Financial Accounting: Pinder co produces and sells high quality video equipment
Reference No:- TGS01050493

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