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Calculations to prove that the selling price

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Reference no: EM13871616

On January 1, Corley, Inc., issues 10%, 5 year bonds with a face value of $150,000 when the effective rate is 12%.Interest is to be paid semiannually.

Prepare calculations to prove that the selling price of the bonds is $138,959.90.

Reference no: EM13871616

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Calculations to prove that the selling price : Prepare calculations to prove that the selling price of the bonds is $138,959.90.
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