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  3. 4. assume that acropolis company on january 1, 201

4. Assume that Acropolis Company on January 1, 2014, issues $100,000 of 9% bonds, due...

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4. Assume that Acropolis Company on January 1, 2014, issues $100,000 of 9% bonds, due in five years, with interest payable semiannually on every Jun 30 and Dec 31. What are the selling prices of this bond, if the market interest rates are the following? (You may use the "Handout: Present Value Tables" for calculation) a. 9% $ b. 10% $__ C. 8% $ d. For (b), were the bonds issued at a premium or discount

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