A three year 1000 par value bond pays interest of $50 at the end of the first

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A three year 1000 par value bond pays interest of $50 at the end of the first year, $60 at the end of the second year, and $70 at the end of the third year. How much will this bond sell for if the required rate of return is 6%?

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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Posted Date: Jun 14, 2019 09:45 AM

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A three year 1000 par value bond pays interest of $50 at the end of the first

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Accounting Principles

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