Question: A company issues 7%, 8-year bonds with a par value of $210,000 on January 1 at a price of $223, 189, when the market rate

A company issues 7%, 8-year bonds with a par value of $210,000 on January 1 at a price of $223, 189, when the market rate of interest was 6%. The bonds pay interest semiannually. The amount of each semiannual interest payment is $14, 700 $12, 600. $6, 300. $7, 350

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