Question: On June 3 0 , 2 0 2 4 , Single Computers issued 6 % stated rate bonds with a face amount of $ 2

On June 30,2024, Single Computers issued 6% stated rate bonds with a face amount of $200 million. The bonds mature on June 30,2039(15 years). The market rate of interest for similar bond issues was 5%(2.5% semiannual rate). Interest is paid semiannually (3%) on June 30 and December 31, beginning on December 31,2024.

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