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A Company Issues 9%,20-Year Bonds with a Par Value of $750,000.The

Question 91

Multiple Choice

A company issues 9%,20-year bonds with a par value of $750,000.The current market rate is 8%.The amount of interest owed to the bondholders for each semiannual interest payment is.


A) $ 60,000.
B) $ 33,750.
C) $ 67,500.
D) $ 30,000.
E) $ 375,000.

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