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4 . In Jan 1 , 2 0 2 4 XYZ issued a 5 - Year $ 1 M bond at 6 % coupon rate
In Jan XYZ issued a Year $M bond at coupon rate with interest payable semiannually for $ The current market rate was SHOW all calculations and prepare ALL Journal Entries for the bond in Note: the formula to calculate PV is PV FV n marks
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