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9.1 On Jan. 1, 2019, UMPI, Co Inc. issued $600,000, of 10% bonds, due in 5 years. The bonds pay interest semi-annually on July 1

9.1 On Jan. 1, 2019, UMPI, Co Inc. issued $600,000, of 10% bonds, due in 5 years. The bonds pay interest semi-annually on July 1 and January 1. The bonds effective yield 8%. UMPI uses the effective-in...

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