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Andersson Inc. issues 5-year bonds with a face value of $5,000,000 and a stated annual interest rate of 6%. The bonds pay interest semiannually on

Andersson Inc. issues 5-year bonds with a face value of $5,000,000 and a stated annual interest rate of 6%. The bonds pay interest semiannually on June 30 and December 31. The market rate of interest ...

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