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Bond Premiums and Discounts On January 1, 2016, when the market rate for bond interest was 14%, Lenoir Corporation issued bonds in the face amount

Bond Premiums and Discounts On January 1, 2016, when the market rate for bond interest was 14%, Lenoir Corporation issued bonds in the face amount of $500,000 with interest at 12% payable semiannually...

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