How much did fishbone pay for the bonds

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Reference no: EM131027740

On January 1, 2014, Fishbone Corporation purchased 330 of the $1,000 face value, 10%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2024, and pay interest annually beginning January 1, 2015. Fishbone purchased the bonds to yield 10%. How much did Fishbone pay for the bonds?

Reference no: EM131027740

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How much did fishbone pay for the bonds : On January 1, 2014, Fishbone Corporation purchased 330 of the $1,000 face value, 10%, 10-year bonds of Walters Inc. The bonds mature on January 1, 2024, and pay interest annually beginning January 1, 2015. Fishbone purchased the bonds to yield 10%. H..

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