Question: Save & Exit IThe followanginomsoon apples to ane questons desplayed belowl Chen to issue bonds with atace value of sa20000 and a coupon rate of
Save & Exit IThe followanginomsoon apples to ane questons desplayed belowl Chen to issue bonds with atace value of sa20000 and a coupon rate of percent The bonds years and pay interest semaannuary every sure 30 and December 3t All of the bonds were matureinMe sold on January of this year oron uses the efectveinterest amonnzaton memod Assume an annual merket rate interest of 2 percent eyotst Bygts EMAer and evAatst use the appropriate foctorisl from the 1.What was the issue price on January 1 of this year Round your final answers to nearest whole dollar amount.) Search right here
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