Question: Kingston Inc. issues 10-year bonds 6% with a maturity value of $200 000. If the bonds are issued at a premium of 3% Calculate
Kingston Inc. issues 10-year bonds 6% with a maturity value of $200 000. If the bonds are issued at a premium of 3% Calculate the face value. Exclude $, space and decimal from your answer e.g. $185,355.256 is entered as 185355 Answer:
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Face Value Maturity Value 1i1 p Where i is the annual interest rate 6 in this ca... View full answer
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