A company wishes to issue a 30000 4-year bond that pays 8


A company wishes to issue a $30,000, 4-year bond that pays 8% interest compounded semiannually (4% every 6 months). Determine the selling price. Assume a market rate of 10% compounded semiannually (5%).

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Accounting Basics: A company wishes to issue a 30000 4-year bond that pays 8
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