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Duval Company issues four-year bonds with a $116,000 par valueon January 1, 2020, at a price of $111,880. The annual contractrate is 8%, and interest
Duval Company issues four-year bonds with a $116,000 par valueon January 1, 2020, at a price of $111,880. The annual contractrate is 8%, and interest is paid semiannually on June 30 andDecember 31. 2 answers
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
