What is the issue price of the bonds

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Question - Haste Enterprises issues 20-year, $1,000,000 bonds that pay semiannual interest of $40,000. If the effective annual rate of interest is 10%, what is the issue price of the bonds?

Reference no: EM133127447

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What is the issue price of the bonds : Question - Haste Enterprises issues 20-year, $1,000,000 bonds that pay semiannual interest of $40,000. What is the issue price of the bonds
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