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Another Step in Calculating the Issue Price of the Bonds

Question 61

Multiple Choice

Another step in calculating the issue price of the bonds is to


A) multiply $10,000 by the table value for 10 periods and 10% from the present value of an annuity table.
B) multiply $10,000 by the table value for 20 periods and 5% from the present value of an annuity table.
C) multiply $10,000 by the table value for 20 periods and 4% from the present value of an annuity table.
D) None of these answers is correct.

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