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Determine the present value of the bonds for company

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Reference no: EM132769003

Company issued bonds with a face amount of $100,000

Maturity Period 5yrs

Coupon/Contract rate 12%

Market/effect interest rate 10%

Interest paid semiannual

Problem A) Determine the present value of the Bonds.

Problem B) Journalize the entry

Reference no: EM132769003

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