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  3. the following terms relate to independent bond iss

The following terms relate to independent bond issues: 690 bonds; $1,000 face value; 8% stated...

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Accounting

The following terms relate to independent bond issues: 690 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments 690 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments 840 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments 1,870 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments Use the appropriate present value table: PV of $1 and PV of Annuity of $1 Required:

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