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1 . Santos SA issues $ 3 0 0 , 0 0 0 in bonds dated January 1 , 2 0 2 2 , due
Santos SA issues $ in bonds dated January due in five years with percent interest payable annually on January At the time of issue, the market rate for such bonds is percent.a Illustrate the bond in line as principal invested and interest rate.b Check the value of bound is it sold at par value.c Register accounting transactions on journal entries. Assuming now that Santos issues $ in bonds, due in five years with percent interest payable annually at year end. At the time of issue, the market rate for such bonds is percent. a Illustrate the bond in line as principal invested and interest rate.b Check the value of bound is it sold at par value.c Register accounting transactions in journal entries.
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