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What is the amount of interest that holiday will pay

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Problem 1: Che Holiday Brands issued $26 million of 5%, 30-year bonds for $23.5 million. What is the amount of interest that Holiday will pay semiannually to bondholders?

Reference no: EM132837146

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What is the amount of interest that holiday will pay : Che Holiday Brands issued $26 million of 5%, 30-year bonds for $23.5 million. What is the amount of interest that Holiday will pay semiannually to bondholders?
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