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A company issues $10,000, 3-year note at a coupon rate of 9% on January 1,...

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Accounting

A company issues $10,000, 3-year note at a coupon rate of 9% on January 1, Year 1. The market rate is 8%. The cash amount that the company will receive on January 1, Year 1 is: Group of answer choices

a)$9,747

b)$10,258

c) $10,535

d) $9,485

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