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A.) On January 1, 2021, $1040000, 5-year, 7% bonds, were issued for $997819. The interest rate in effect when the bonds were issued was 8%.
A.) On January 1, 2021, $1040000, 5-year, 7% bonds, were issued for $997819. The interest rate in effect when the bonds were issued was 8%. Interest is paid semi-annually on January 1 and July 1. How ...
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
2nd edition
978-0132771801, 9780132771580, 132771802, 132771586, 978-0133052152
