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White side Corp issues $500,000 of 9% bond due in 10 years, with interest payable

White side Corp issues $500,000 of 9% bond due in 10 years, with interest payable

White side Corp issues $500,000 of 9% bond due in 10 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%. Compute the issue price of the bonds.

 
manish jayant 09-Sep-2020

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