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(Solved): Question Content Area A corporation issues for cash $9,000,000 of 8%, 30-year bonds, interest paya ...



Question Content Area A corporation issues for cash $9,000,000 of 8%, 30-year bonds, interest payable semiannually. The amount received for the bonds will be the a. present value of 30 annual interest payments of $360,000, plus present value of $9,000,000 to be repaid in 30 years b. present value of $9,000,000 to be repaid in 30 years, less present value of 60 semiannual interest payments of $360,000 c. present value of 30 annual interest payments of $720,000 d. present value of 60 semiannual interest payments of $360,000, plus present value of $9,000,000 to be repaid in 30 years



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