Evermaster Corporation issued l00,000.pf 8% term bonds on January 1, 2015, due on January 1-2016,...
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Evermaster Corporation issued l00,000.pf 8% term bonds on January 1, 2015, due on January 1-2016, with interest payable each July 1 and January 1. Investors require an effective-interest rate of 6%. Calculate the bond proceeds.
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