Question: issued a five year 2,000,000 face value bonds with stated rate of 16%. the bonds were issued to yield 14%. interests are payable semi annually

issued a five year 2,000,000 face value bonds with stated rate of 16%. the bonds were issued to yield 14%. interests are payable semi annually on may 1 and november 1. barcelonaa company uses the calendar year abd the effective rates

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