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A $500,000, ten year, 7% bond issue was sold to yield 6% interest payable annually. Actuarial information for 10 periods is as follows: Refer to

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A $500,000, ten year, 7% bond issue was sold to yield 6% interest payable annually. Actuarial information for 10 periods is as follows: Refer to Exhibit 14-2. At data of issuance cash received would be $536, 798 $464, 883 $489, 903 $511, 778

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