Flounder Corporation Issues $570,000 of 9% bonds, due in 14 vears, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10% solutionspile.com

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Flounder Corporation Issues $570,000 of 9% bonds, due in 14 vears, with interest payable semiannually. At the time of issue, the market rate for such bonds is 10%  solutionspile.com

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