On march 12013 pyne furniture co issued 700000 of 10 bonds

Reference no: EM13572005

On march 1,2013 Pyne Furniture co. issued $700,000 of 10% bonds to yield 8%. interest is payable semiannually on Feb 28 a of nd august 31. the bonds mature in ten years. pyne furniture co is a calendar-year corporation.determine the issue price of the bonds?

Reference no: EM13572005

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