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Write the entry to record the issuance

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Question - Bonds Exercise: 01/1/2006, €200,000 principal amount of bonds issued, with 8% coupon interest paid every 01/1. Market rate is set to 10%. Maturity date is 01/1/2011. (a) Look for the total proceeds from the bond issuance. (b) Suppose the bond was issued for 103.5, write the entry to record the issuance.

Reference no: EM132939956

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