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For 2-3 use the following: The company issues 10%,10-year bonds with...

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Accounting

For 2-3 use the following:
The company issues 10%,10-year bonds with a total face amount of $100,000 with
interest paid semi-annually. The market rate of interest is 10.1%.
What is the issue price of the bond? $
What is the interest expense for the first interest payment? $.
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