Heller Company issues $950,000 of 10% bonds that pay interest semiannually and mature in 10...
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Accounting
Heller Company issues $950,000 of 10% bonds that pay interest semiannually and mature in 10 years. What is the bonds issue price assuming that the bonds market interest rate is 14% per year?
Select one:
A. $ 748,714
B. $ 950,000
C. $ 751,788
D. $1,273,515
E. None of the above
Select one:
a. None of the above
b. $748,714
c. $751,788
d. $1,273,515
e. $950,000
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