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alcon issued $520,000 of its ten-year 5% bonds for $481,319 on January 1, 2019 so as to yield an effective rate of 6%. Interest is

alcon issued $520,000 of its ten-year 5% bonds for $481,319 on January 1, 2019 so as to yield an effective rate of 6%. Interest is paid each June 30 and December 31 of the year. Falcon issues financia...

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