Question: 1 points Save Answer Pearl Ltd issues $8 million in 5-year debentures that pay interest every 6 months at a coupon rate of 12% per

 1 points Save Answer Pearl Ltd issues $8 million in 5-year
debentures that pay interest every 6 months at a coupon rate of

1 points Save Answer Pearl Ltd issues $8 million in 5-year debentures that pay interest every 6 months at a coupon rate of 12% per annum. The required market rate of return is 16% per annum. What is the issue price of the debentures (rounded to the nearest dollar)? $6 926 387 $8 000 000 $9 177 614 $8 673 978 1 points Save Answer When considering the recognition of assets and liabilities for tax purposes, reference is made to the: depreciation rate. carrying amount. tax base. historical cost

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