Pretzelmania, Inc., issues 7%, 15-year bonds with a face amount of $70,000 for $63,948 on January 1, 2021. The market interest rate for bonds of similar risk and maturity is 8%. Interest is paid semiannually on June 30 and December 31.
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The four major stages of a product life cycle include a. awareness, interest, trial, and adoption. b. prosperity, recession, depression, and recovery. c. specialty, convenience, shopping, and unsought goods. d.
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