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What is the annual cash interest payment

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Reference no: EM13538667

Bond Issuance. Boxer Corporation issues a $300,000, 16 percent, 10-year bond at 108.

(a) What is the maturity value?

(b) What is the annual cash interest payment?

(c) What are the proceeds the company receives upon issuance of the bond?

(d ) What is the amount of the premium?

(e) What is the annual premium amortization?

Reference no: EM13538667

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