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2. On January 1, 2019, Kate Products issued five-year convertible bonds of $400,000. Interest is payable semi-annually on June 30 and December 31 at a

2. On January 1, 2019, Kate Products issued five-year convertible bonds of $400,000. Interest is payable semi-annually on June 30 and December 31 at a rate of 10%. The effective yield is 6%. Each $1,0...

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