# Problem: Cainas Cookies issues a $20,000, 8%, 10 years bond that pays interest semi-annually. The market rate is 6%. When calculating the issue price of the bond, what are the number of periods and the interest used? (n=?, i=?) ###### FREE Expert Solution ###### Problem Details Cainas Cookies issues a$20,000, 8%, 10 years bond that pays interest semi-annually. The market rate is 6%. When calculating the issue price of the bond, what are the number of periods and the interest used? (n=?, i=?)

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