Use the Following Information for Questions

question 35

Multiple Choice

Use the following information for questions
Fox Co.issued $100,000 of ten-year, 10% bonds that pay interest semiannually.The bonds are sold to yield 8%.
-Another step in calculating the issue price of the bonds is to

• A)multiply $10,000 by the table value for 10 periods and 10% from the present value of an annuity table.
• B)multiply $10,000 by the table value for 20 periods and 5% from the present value of an annuity table.
• C)multiply $10,000 by the table value for 20 periods and 4% from the present value of an annuity table.
• D)None of these answer choices are correct.

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Person Adjustment

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