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What will be the value of the bonds

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Question - On September 30, 2013 Sanchez, Inc. sold $300,000 of 8% bonds for $102,530. The bonds are dated September 30, 2013, pay interest annually on June 30, and will mature on September 30, 2018.

How much cash will be paid to bondholders on September 30, 2014?

What will be the value of the bonds when they are redeemed at maturity on September 30, 2018? (How much cash will the company have to pay bondholders on that date?)

Reference no: EM132474163

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