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Ellis Company issues 8.0%, five-year bonds dated January 1,2021, with a $530,000 par value. The bonds pay interest on June 30and December 31 and are

Ellis Company issues 8.0%, five-year bonds dated January 1,2021, with a $530,000 par value. The bonds pay interest on June 30and December 31 and are issued at a price of $540,871. The annualmarket 2 answers

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