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

Question 80

Multiple Choice

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.


A) $0
B) $33,750
C) $67,500
D) $750,000
E) $1,550,000

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