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Bonds with a par value of $100,000, which pay 9% annual interest and pay interest on June 30 and December 31, were sold on July

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Bonds with a par value of $100,000, which pay 9% annual interest and pay interest on June 30 and December 31, were sold on July 31 at par value. The Issuer will recelve $100,750 cash for the sale of the bond. True or False True False

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