Duval Company issues four-year bonds with a $116,000 par valueon January 1, 2020, at a price of

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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 is paid semiannually on June 30 andDecember 31. 2 answers

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Duval Company issues four-year bonds with a $116,000 par valueon January 1, 2020, at a price of

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