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Chapter 2 Problem 1 1. Bond computations: Straight-line amortization Southlake Corporation issued $900,000 of 8% bonds on March 1, 19X1. The bonds pay interest on

Chapter 2 Problem 1 1. Bond computations: Straight-line amortization Southlake Corporation issued $900,000 of 8% bonds on March 1, 19X1. The bonds pay interest on March 1 and September 1 and mature in 10 years. Assume the independent cases that follow

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