A company issues 7%, 8-year bonds with a par value of $110,000 on January 1 at a...
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A company issues 7%, 8-year bonds with a par value of $110,000 on January 1 at a price of $118,359, when the market rate of interest was 6%. The bonds pay interest semiannually. The amount of each semiannual interest payment is:
0%
0%
0%
100%
0%
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