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Question - On September 30, 2021, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $500 million. The bonds mature on September 30, 2041 (20 years). The market rate of interest for similar bonds was 10%. Interest is paid semiannually on March 31 and September 30.
Required - Determine the price of the bonds on September 30, 2021.
Discuss How much would the safety net accumulate to in five years
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at company purchased a tractor at a cost of 60000. the tractor has an estimated salvage value of 10000 and an estimated
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The contractor was paid $2,200,000. An assessment made by the city for pavement was $6,400. Interest costs during construction were $170,000.
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