X company issued bond with face value is $82,000, the stated rate is 10%, and...
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Accounting
X company issued bond with face value is $82,000, the stated rate is 10%, and the term of the bond is 8 years. The bond pays interest semiannually. At the time of issue, the market rate is 8%. What is the present value of the bond (or Bond price) at the issue date?
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