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pusiness/ financial accounting/ financial accounting solutions manuals / intermediate accounting/9th edition nediate Accounting |(9th Edition) (1 Bookmark) Show all steps OFF apter 14, Problem 1E Problem Your investment department has researched possible investments in corporate debt securities Among the available investments are the following $100 million bond issues, each dated January 1, 2018. Prices were determined by underwriters at different times during the last few weeks BB Corp. DD Corp. GG Corp. Bond Price $109 million $100 million 91 million Stated Rate 11% 10% 9% 2. 3. Each of the bond issues matures on December 31, 2037, and pays interest semiannually on June 30 and December 31. For bonds of similar risk and maturity, the market yield at January 1 2018, is 10%
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