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Problem 1) An investor purchases a 5-year, $1,000 par value bond that pays semiannual interest of $40. If the semiannual market rate of interest is 5%, what is the current market value of the bond?
A. $923B. $968C. $1,000D. $1,309
Prepare the journal entries on the lessee's books to reflect the signing of the lease agreement and to record the payments
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The following accounts appeared in recent financial statements of Continental Airlines.
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