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19-02-2024
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Moss Co issues 440,000 five-year, 13% bonds, with interest payable semi-annually, at market (effective) interest rate of 12%

Determine the present value of the bonds payable, using the present tables Exhibit 5 and Exhibit
7. Round to the nearest dollar

Moss Co issues 440000 fiveyear 13 bonds with interest payable semiannually at market effective interest rate of 12 Determine the present value of the bonds paya class=

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