Alabama alarm corp plans to finance its operations by

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Alabama Alarm Corp. plans to finance its operations by issuing $12,000,000 of 10 year, 10% bonds with interest payable semi-annually at an effective interest rate of 12%. Determine the present value of the bonds payable using the present value tables in appendix A at the back of the textbook.

Reference no: EM13582067

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Alabama alarm corp plans to finance its operations by : alabama alarm corp. plans to finance its operations by issuing 12000000 of 10 year 10 bonds with interest payable
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