Bondholders for each semiannual interest payment


A company issues 9%, 20-year bonds with a par value of $750,000. The current market rate is 9%. The amount of interest owed to the bondholders for each semiannual interest payment is.

1. $ 0.

2. $ 33,750.

3. $ 67,500.

4. $ 750,000.

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Accounting Basics: Bondholders for each semiannual interest payment
Reference No:- TGS090569

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