ABC Company issued $500,000 of 4%, 10-year bonds on January 1, 2010. Interest is to be paid semi-annually on December 31. The market rate at the time of the bond issue is 2%. ABC uses the effective interest method of amortization. What is the selling price of bonds? (Round your answer to zero decimal place)
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Which of the following is not a primary function of a Bank?
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C. Facilitating import of goods
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A. Regulatory jurisdictional fight between SEBI and IRDA
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C. They offer lesser returns compared to traditional insurance policies
D. All of the above
The Chameli Devi Jain Award is given for an outstanding woman ____?
A. Scientist
B. Reporter
C. Player
D. Teacher
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