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Prepare calculations to prove that the selling price of the

On January 1, Thunderball Corporation issues 10%, 5 year bonds with a face value of $275,000 when the effective interest rate is 9%. Interest is to be paid semiannually.

Prepare calculations to prove that the selling price of the bonds is $285,880.07.

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Accounting Basics: Prepare calculations to prove that the selling price of the

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Accounting Basics: Prepare calculations to prove that the selling price of the

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