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Blossom Pet Supply Company issued $250,000 of 8%,10-year bonds at 102 . Interest is paid annually, and the straight-line method is used for amortization. Assume
Blossom Pet Supply Company issued $250,000 of 8%,10-year bonds at 102 . Interest is paid annually, and the straight-line method is used for amortization. Assume that the market rate for similar investments is 7%. The bonds are issued on the date of the bonds. Zoeylynn issued $150,000 of 8%,10-year bonds at 96 . Interest is paid annually, and the straightline method is used for amortization. Assume that the market rate for similar investments is 9%. The bonds are issued on the date of the bonds
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