marvinperegrino marvinperegrino
  • 23-03-2024
  • Mathematics
contestada

The Bradford Company issued 12% bonds, dated January 1, with a face amount of $95 million on January 1, 2024.

The bonds mature on December 31, 2033 (10 years).
For bonds of similar risk and maturity, the market yield is 14%.
Interest is paid semiannually on June 30 and December 31.
Required:

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