kingdesto30 kingdesto30
  • 20-12-2022
  • Business
contestada

kelly industries issued 10% bonds, dated january 1, with a face value of $100,000 on january 1, 2024. the bonds mature in 2033 (10 years). interest is paid semiannually on june 30 and december 31. for bonds of similar risk and maturity the market yield is 11%. what was the issue price of the bonds?

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