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Assume that the notes to Pemberton Ltd.'s financial statements reported the following data about their $2,600,000 debentures on September 30, 2020: (Click the icon to

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Assume that the notes to Pemberton Ltd.'s financial statements reported the following data about their $2,600,000 debentures on September 30, 2020: (Click the icon to view the financial statement data.) Required Requirement 1. Answer the questions about Pemberton's long-term liabilities. a. What is the maturity value of the 6 percent debentures? Financial statement data The maturity value of the 6 percent debentures is $ X NOTE E: LONG-TERM DEBT 6 percent debentures due 2033, net of unamortized discount of $268,725 (effective interest rate of 7.0 percent) $ 2,331,275 Pemberton Ltd. amortizes the discount by the effective-interest method. Print Done

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