On January 1,2022 , Company Z issued $200,000 par value, 5.5% 6-year bonds. The market...
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On January 1,2022 , Company Z issued $200,000 par value, 5.5% 6-year bonds. The market interest rate for similar bonds was 6%. Interest is payable annually on December 31 . At what price should Company Z sell the bonds? A. 195,083 B. 215,083 C. 205,083 D. 185,083
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