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ABC Co. acquired 11%, Php1,000,000 bonds dated January 1, 2021 at 98 excluding interest. The bonds mature on December 31, 2023 and pays interest every

ABC Co. acquired 11%, Php1,000,000 bonds dated January 1, 2021 at 98 excluding interest. The bonds mature on December 31, 2023 and pays interest every January 1. Moreover, transaction cost was incurre...

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