On January 1, 2020, Marigold Corp. issued eight-year bonds with a face value of $6060000...
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On January 1, 2020, Marigold Corp. issued eight-year bonds with a face value of $6060000 and a stated interest rate of 6%, payable semiannually on June 30 and December 31 . The bonds were sold to yield 8%. Table values are: The present value of the principal is $3799620 $3775380 $3236040 $3272400
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